AUSTRALIA

Beach ready to stimulate Holdfast-1

BEACH Energy is rigged up and ready to start stimulation of its Holdfast-1 shale well in the Coop...

Both the Holdfast-1 and Encounter-1 wells on PEL 218 are designed to be data gathering wells, and Beach said flow rates would be down on what would be expected from a production well. While flow stimulation...

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