Beach Energy Limited

Drillsearch Energy Limited (ASX:DLS)(PINK:DRLLF) is pleased to provide this drilling update for the Marino-1 well, which is the second of a two- well program in PEL 91, following the Chiton-1 oil discovery. Drillsearch holds a 60% interest in PEL 91, the Marino-1 well and the Chiton-1 oil discovery. The well is being operated by Beach Petroleum (40%) using the Ensign Rig# 30. Drilling to a planned total depth of 1948 metres is expected to take approximately 12 days.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 12 August, 2009. Highlights of the week's activities include: Marino-1 (Beach 40%) spudded on 22 August and is currently drilling ahead in the Toolebuc Formation at a depth of 1003 metres. Basker-7 (Beach 30%) has been cased and suspended as a future Latrobe Group oil producer.

Drillsearch Energy Limited (ASX:DLS)(PINK:DRLLF) is pleased to provide this drilling update for the Marino-1 well, which is the second of a two- well program in PEL 91, following the Chiton-1 oil discovery. Drillsearch holds a 60% interest in PEL 91, the Marino-1 well and the Chiton-1 oil discovery. The well is being operated by Beach Petroleum (40%) using the Ensign Rig# 30. Drilling to a planned total depth of 1948 metres is expected to take approximately 12 days.

Drillsearch Energy Limited (ASX:DLS)(PINK:DRLLF) is pleased to provide this drilling update for the Marino-1 well, which is the second of a two- well program in PEL 91, following the Chiton-1 oil discovery. Drillsearch holds a 60% interest in PEL 91, the Marino-1 well and the Chiton-1 oil discovery. The well is being operated by Beach Petroleum (40%) using the Ensign Rig# 30. Drilling to a planned total depth of 1948 metres is expected to take approximately 12 days.

Drillsearch Energy Limited (ASX:DLS) is pleased to advise that the Marino-1 well spudded on Saturday 22 August 2009 at 23:00hrs CST. Marino-1 is the second of a two-well program in PEL 91, following the Chiton-1 oil discovery. Drillsearch holds a 60% interest in PEL 91, the Marino-1 well and the Chiton- 1 oil discovery.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report and well location maps for the week ending 12 August, 2009. Highlights of the week's activities include: Chiton-1 is drilling ahead at a depth of 887 metres in the Allaru Mudstone. Burnside-1ST1 (Beach 7.34%) is being plugged and abandoned as planned. Basker-7 (Beach 30%) has reached total depth of 3921 metres.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF), Chiton-1, the first of two, back-to-back wells that are to be drilled by the joint venture in PEL 91, is expected to spud on 8 August. The well is located approximately 9.5 km northeast of Murninnie-1 and 14 km north of the Callawonga oil field in adjacent Licence PEL-92.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report for the week ending 22 July, 2009. Murninnie-1 (PEL 92, Beach 75%), has been plugged and abandoned. The Ensign 30 rig is being moved to the Chiton-1 well location in adjacent Licence PEL 91. In areas operated by Santos, Charo-4 (Beach 20.21%) has been plugged and abandoned. Basker-7 (Beach 30%) is drilling ahead at a depth of 3920 metres.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report for the week ending 22 July, 2009. Murninnie-1 (Beach 75%) spudded on 24 July and is drilling ahead in the Murta Formation at a depth of 1399m. In areas operated by Santos, one well is in progress (Charo-4, Beach 20.21%). The Paralana-2 geothermal exploration well (Beach earning 21%) is drilling ahead at a depth of 1069 metres. Basker-7 (Beach 30%) spudded on 21 July and is drilling ahead at a depth of 2512 metres.

The directors of Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) are pleased to announce that the Company has completed the sale of its entire holding of its shares in Arrow Energy Limited (Arrow). Beach has sold these shares at an average price of $3.7757 per share, thereby generating gross proceeds of $77.8 million, resulting in nearly $8 million in additional gross profit on the transaction.