Beach keen on Oz Callawonga

摘要

Beach Petroleum is upbeat about the potential of its Callawonga project in South Australia,saying the area could start a new phase of oil and gas production in the Cooper-Eromanga Basin.Callawonga is the westernmost discovery in the Cooper-Eromanga Basin."We have established there is a model of the oil migrating and moving to the west and getting trapped in these structures,"said Reg Nelson,Beach's managing director."A sweet spot like Callawonga suggests that you are in a good area,and if you keep drilling around that area you should have more success."