Beach Energy

The Jolly-1 well, located in the Otway basin onshore in South Australia, was spudded in petroleum exploration license (PEL) 495. The primary objective of the well, whose planned total depth is 4000 m, is to assess the unconventional oil and gas potential of shales within the Casterton formation. Beach Energy (70%) operates PEL 495, with partner Cooper Energy (30%).


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