The Rincon North-1 well encountered oil shows in the McKinlay, Namur and Murta intervals with wireline logging showing 2m of oil pay.
The well is 1.3km north of the Rincon-1 well which found 3.
DRILLING operations are underway for Beach Energy at two locations on the western flank of the company's Cooper Basin assets, with initial testing returning oil shows.
The Rincon North-1 well encountered oil shows in the McKinlay, Namur and Murta intervals with wireline logging showing 2m of oil pay.
The well is 1.3km north of the Rincon-1 well which found 3.