Beach Make Significant Gas Discovery

Beach Petroleum Ltd says it has made a significant gas discovery northwest of the Moomba processing plant in South Australia's Cooper Basin.

The oil and gas producer has estimated the Brownlow-1 discovery - 55 kilometres northwest of Moomba - could potentially contain a resource in the range of seven to 14 billion cubic feet (Bcf) of gas.

Beach Petroleum said the Brownlow-1 discovery gave the company confidence that fields of up to 100 Bcf may exist along the western flank of the Cooper Basin.

Brownlow-1 is a joint venture between Beach Petroleum and Drillsearch Energy.

Author: Jo Amey