Beach Energy Limited

On 25 February 2013, Beach Energy Limited (ASX:BPT) and Beach group subsidiaries, signed documents with Chevron Australia Exploration 1 Pty Ltd and Chevron Australia Holdings Pty Ltd ("Chevron") for Chevron to farm-in to PEL 218 (South Australia) and ATP 855 (Queensland) joint ventures ("Nappamerri Trough Gas Ventures").

Beach Energy Limited (ASX:BPT) has produced the monthly drilling report for April 2013, with the following highlights. Two rigs are drilling for oil on the Western Flank, Kalladeina-2 discovery well is flowing oil at 986 barrels per day in PEL 91 and the Rincon North-1 discovers a seven metre oil column in PEL 92.

Beach Energy Limited (ASX:BPT) finishes the quarter with a strong balance sheet with $245 million in cash reserves and a multi-option financing facility of $150 million available

Beach Energy Limited (ASX:BPT) advises the following details in relation to its unconventional exploration program, both in PEL 218 and ATP 855

Beach Energy Limited (ASX:BPT), through its wholly owned subsidiary Delhi Petroleum Pty Ltd, has signed a gas sales agreement with Origin Energy Retail Limited for the sale of up to approximately 139 PJ of sales gas from the Cooper Basin for a term of eight years.

Beach Energy Limited (ASX:BPT) announce the monthly drilling report for March 2013 with the following highlights. Halifax-1 flowed gas at up to 4.2 MMscf/d, 700 metres of Murteree Shale section cased in Holdfast-2 and Kalladeina-2 marks resumption of oil exploration on Western Flank.

Beach Energy Ltd (ASX:BPT) and Drillsearch Energy Ltd (ASX:DLS), its joint venture partner in PEL 106B (Beach 50% and operator, Drillsearch 50%), have entered into a new gas sales agreement (GSA) with the South Australian Cooper Basin Joint Venture ("SACB JV") (Beach 20.21%) relating to the production of gas and gas liquids.

Beach Energy Limited (ASX:BPT) Austalian and International Monthly Drilling Report for February 2013

Beach Energy Limited (ASX:BPT) advises that the Halifax-1 unconventional vertical well in ATP 855 is flowing back gas at a constrained rate of 3.2 MMscfd through a 40/64" choke.

Beach Energy Limited (ASX:BPT) will transfer up to 60% of its interests in PEL 218 (Beach 100%) and ATP 855 (Beach 60%) to Chevron. It is envisaged that Beach will potentially receive US$349 million over two stages for both permits over several years.