BEACH Energy has reported a new gas discovery at the Beharra Springs Deep-1 well in the Perth Basin and told the ASX that it had delivered a net gas pay of 36 metres across the Kingia sandstone.
Beach, operator and 50% interest holder in the licence with Mitsui E&P holding the balance, said the Kingia Sandstone reservoir was comparable to Waitsia-4 and preliminary interpretation had indicated reservoir porosities of up to 21%.
Wireline activities are continuing, after which the well...