Drillsearch, Beach agree on Cooper wells

DRILLSEARCH and Beach Petroleum have agreed on the expenditure and drilling program for the second of two exploration wells being drilled in PEL 91 in the Cooper Basin.

The Marino-1 well is expected to spud in September 2009, immediately after the Chiton-1 well, and targets the Namur sandstone with additional secondary targets in the Birkhead formation, Hutton