http://www2.irna.ir/en/news/view/menu-237/0711280642113537.htm *Beach Petroleum finds big oil field in S Australia *
Melbourne, Nov 28 (Asia Pulse-IRNA) - Oil producer Beach Petroleum (ASX:BPT) has made a new oil discovery near the company's Callawonga field on the western flank of the Cooper Basin in South Australia. Beach said the newly discovered Parson's field is likely to contain more than one million barrels of recoverable oil. The company said the reservoir quality at the Parsons-1 discovery could be better than the Callawonga field, where recent wells have flowed at 5,000 barrels of oil per day. Beach said the new Parson's discovery lies nine kilometers north west and eight kilometers southwest of the oil producing facilities at Christies and Callawonga. [Non-text portions of this message have been removed]
