Beach Energy Limited

Effective 1 July 2010, Beach Energy Limited (ASX:BPT) (PINK:BEPTF) wishes to announce new appointments to its senior management team.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that the extended production test for the Brownlow Wet Gas Discovery has commenced and was sampled at a rate of 10 million cubic feet of gas /day through a 24/64" inch choke. The well is also producing significant gas condensate at a rate of 120 barrels of condensate per day. After sampling the well has been opened up and is currently flowing 18 MMscf/d through a 1" inch choke.

Adelaide Energy Limited (ASX:ADE) today announced the execution of an Agreement with Beach Energy Ltd (BPT) to acquire a 30% Operated interest in the PRL 13 retention lease ("Killanoola") in the South Australian part of the Otway Basin.

Adelaide Energy Limited (ASX:ADE) releases Third Quarter Activities Report 3 months to 31 March 2010.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) releases Quarterly Report ending 31 March 2010.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to note the appointment of Mr Bob Kennedy, Mr Hector Gordon and Mr Peter Mullins to the board of Essential Petroleum Resources Limited (ASX:EPR) to steer the company through its revitalisation and recapitalisation.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) reports that it plans to accelerate its shale gas exploration drilling program in the Cooper Basin, northeast South Australia.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF), through its wholly owned subsidiary Beach (USA) Inc., has entered into an agreement with Sundance Energy Inc. a wholly owned subsidiary of Sundance Energy Australia Limited (ASX:SEA) (PINK:SDCJF) to acquire an approximately 18.5% net revenue interest in lease area Section 25 being part of Sundance's South Antelope oil prospect in the Bakken shale of North Dakota in the USA.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has conditionally agreed the terms of a farmin agreement with Lakes Oil NL (ASX:LKO) (PINK:LKOLF) to further examine the gas potential of the onshore Gippsland Basin in Eastern Victoria.

ABN Newswire stocks to watch today include: AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF), AusTex Oil Limited (ASX:AOK) (PINK:ATXDF), Universal Resources Limited (ASX:URL), Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF), Adelaide Energy Limited (ASX:ADE) (PINK:ADEZF), Burleson Energy Limited (ASX:BUR), Beach Energy Limited (ASX:BPT) (PINK:BEPTF) and Otto Energy Limited (ASX:OEL) (PINK:OTTEF).