Drillsearch Energy Limited

Drillsearch Energy Limited (ASX:DLS)(PINK:DRLLF) is pleased to announce substantial increases in the resource estimates for the Western Cooper Gas & Liquids Project ("WCGL Project"). The project is based on the company's gas and liquids discoveries in PEL 106. Drillsearch owns and operates 100% of the eastern portion (503 km2) of PEL 106 and the south west portion of PEL 106 is the Beach Farmin Block held by Beach (50%) and the company (50%).

The Board of Directors of Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) are pleased to announce the appointment of Mr. John Whaley as Chief Commercial Officer. John will take on responsibility for the development and commercialisation of Drillsearch's assets together with managing acquisitions and divestments.

Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) has moved to protect the interests of all shareholders in its 79.5% owned Canadian subsidiary Circumpacific Energy Corporation (CVE:CER) following the resignation of the former chief executive of CER Peter Simpson.

The directors of Drillsearch Energy Limited (ASX:DLS)(PINK:DRLLF) are pleased to announce an extension of the offer period for eligible shareholders to participate in the Company's share purchase plan ("SPP").

Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) is pleased to announce approval for the installation of an extended production test (EPT) facility at the Chiton-1 well in the Cooper Basin (PEL-91). Drillsearch holds a 60% interest in Chiton-1, with Beach Petroleum holding the remaining 40%. The facility is designed to handle production of 1,000 BOPD and is expected to be commissioned and operational by the 31st of January 2010.

Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) Chairman Jim McKerlie announced the appointment today of two non-executive directors, Ross Wecker and Fiona Robertson, to the Drillsearch Board. These appointments are the result of a board renewal process committed to earlier in the year. The process involved an analysis of the skills required by the board followed by a wide-ranging candidate search.

Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) is pleased to announce that operations have commenced to complete the Chiton-1 Oil Discovery well as a future producer. Drillsearch announced the Chiton Oil Discovery on 17 August 2009 and following completion of the drilling operations Chiton-1 was cased and suspended as a future oil producer.

Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) announced today an equity raising by way of: a placement to institutional and sophisticated investors of approximately 191.7 million shares raising approximately A$9.6 million ("Placement"). A share purchase plan ("SPP") providing existing Drillsearch shareholders the opportunity to subscribe for up to A$15,000 worth of the Company's shares to raise up to A$16 million, at an offer price of A$0.05 per share (together, the "Offer")

Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) wishes to advise that non-executive director, Peter Wicks has resigned from the Board with effect as of today. The Board wishes to thank Peter for his contributions over the last several months and especially in connection with the Company's defence of the takeover bid by Beach Petroleum Ltd which ended on 14 August 2009.

Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) is pleased to announce a series of operational changes as part of intensifying the company's focus on development, commercialisation and production projects and the growing focus on unconventional resources in the Cooper Basin.