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DRILLING

Beach bites dust again

BEACH Energy's run of bad luck with its PEL 92 exploration campaign has continued after the fifth well, Wheatons-1, was plugged and abandoned as a dry hole.

Marija Stojkovic
Beach bites dust again

Wheatons-1 was drilled to a total depth of 1882m but failed to encounter any hydrocarbons in the primary objective Namur sandstone, which is the oil reservoir in the nearby Parsons and Callawonga oil fields....

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