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Drillsearch, Beach to expand Cooper Basin oil partnership with ATP 924P Joint Venture


Published Jul 29, 2014
Beach Energy Limited

Drillsearch Energy Limited has executed an agreement with Beach Energy Limited for Beach to farm in to its ATP 924P oil and gas exploration permit in the south west Queensland section of the Cooper Basin.

The agreement extends Drillsearch and Beach's successful partnership from the Western Flank Oil Fairway of the Cooper Basin where the two companies produce oil from the prolific PEL 91 joint venture, as well as wet gas from PEL 106. This agreement follows an extensive farmout process conducted by Drillsearch to identify an aligned joint venture partner for the permit.

Tags: Beach Energy Limited, Drillsearch Energy




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