Beach Energy Limited

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce that, after a preliminary review of its reported and underlying net profit after tax ("NPAT") for the first half of FY12, it expects a significant increase in both reported and underlying NPAT when compared to the corresponding period of the prior year.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) announces it has acquired all of the outstanding shares in Adelaide Energy Limited (Adelaide Energy) through compulsory acquisition.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce its third discovery at the Al Jahraa-1 exploration well in the Egyptian Abu Sennan concession. The Al Jahraa-1 well, located about 15 kilometres west of the Al Ahmadi-1 and ZZ-4 discoveries, was the third well drilled as part of a six well exploration program.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce a Monthly Drilling Report - for January 2012.

Beach Energy Limited (ASX:BPT) is please to provide a Quarterly Report for the period ended 31 December 2011.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce that its wholly owned subsidiary, Delhi Petroleum Pty Ltd ("Delhi"), has renegotiated a royalty agreement that applies to Delhi's Cooper and Eromanga Basin assets, with Esso Australia Resources Pty Ltd ("EARL"), a wholly owned subsidiary of Exxon Mobil Corporation.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has produced first gas from the PEL106B Joint Venture's Middleton gas production facility. Gas is now flowing to the Moonanga Tie-In Point, at which point the Raw Gas is sold to the South Australian Cooper Basin Joint Venture (Santos (ASX:STO) 66.60%, Delhi Petroleum 20.21% and Origin Energy (ASX:ORG) 13.19%) under a Gas Sale Agreement for the sale of a minimum 3 Billion Cubic Feet of Raw Gas. Initial production rate after ramp up is expected to be 25 MMscf/d comprising about 15 TJ/d sales gas, and 1250 bbls per day of LPG and condensate.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has released a monthly drilling report for December 2011.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) provides the Monthly Drilling Report for November 2011.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has been informed by Santos Ltd (ASX:STO) that the pipeline between the Tantanna facility and the Gidgealpa facility is now back online and is flowing at approximately 5,500 barrels of oil per day ("bopd"). The re-commissioning of the Tantanna pipeline is over two months ahead of Beach's initial expectations.