Dec 30 (LNGJ) - Australia company Beach Energy, which will become an LNG exporter from its gas resources in the onshore Perth Basin in Western Australia, has had less luck at the Ironbark 1 offshore exploration well in exploration permit WA-359-P.
The Western Australia well was drilled to a total depth of 5,618 metres measured depth, intersecting the primary target of the Mungaroo formation at 5,275 metres. “No significant hydrocarbon shows were encountered in the target sandstones,” concluded the report. “The exploration well will be plugged and abandoned, in-line with pre-drill planning,” it added. Other shareholders include operator BP of the UK, Cue Energy of Australia and New Zealand Oil and Gas.
