Impress Energy Limited

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce that it has completed due diligence on Impress Energy (ASX:ITC) within the timeframe contained in the Merger Implementation Agreement for its proposed merger with Impress.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) and Impress Energy Ltd (ASX:ITC) are pleased to announce they have agreed, subject to shareholder approval, to merge the two companies through a Scheme of Arrangement.