The announcement was made following the release of a revised timetable showing that the delivery of Ensign Rig 965 to ATP 855P in the Queensland portion of the Cooper basin would be delayed to the third quarter of 2012.
Beach holds an operating 60% stake in ATP 855P, which adjoins the PEL 218 project area in South Australia. Icon Energy holds a 40% stake in ATP 855P following completion of a farm-in deal in 2011.
The
