Santos Limited

Bow Energy Limited (ASX:BOW) (PINK:BOWYF) are pleased to announce commencement of drilling of the Barta North-1 well located 4.2 kilometres west-south-west of the Cuisinier-1 producing oil field which is continuing to produce at approximately 400 barrels of oil per day.

Victory West Moly Limited (ASX:VWM) is pleased to announce the execution of a binding Memorandum of Agreement ("MOA") with China Guangshou Group Corp ("CGGC") that will fully fund VWM's Malala Molybdenum Project to large scale production.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) in discussions with Santos regarding a proposal for a new large scale supply of 750PJ of gas from the Cooper Basin Joint Venture to Santos' (ASX:STO) GLNG project.

Victory West Moly Limited (ASX:VWM) ("VWM" or the "Company") confirms that on 21 October 2010, the Company entered into a Share Acquisition Agreement with the shareholders of Victory West Pty Ltd (Victory West) to formalise its agreement to acquire the remaining 25% of their shares in Victory West as previously announced.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to release monthly drilling report ending 6 October 2010.

Victory West Moly Limited (ASX:VWM) (FSE:R1E) are very pleased to announce the successful grant of Production and Operational (Exploitation) IUP licenses for its two most strategic concessions that form the core of the Malala Molybdenum Project located in North Sulawesi, Indonesia.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) and Innamincka Petroleum Limited (ASX:INP) (PINK:IMKPF) are pleased to announce that they have unanimously agreed to merge by way of Scheme of Arrangement (Scheme) and create the Cooper Basin's leading mid-tier oil and gas company.

Victory West Moly Limited (ASX:VWM) (ETR:R1E) is pleased to announce the signing of a binding Memorandum of Understanding with China Guangshou Group Corp ("CGGC") that, subject to due diligence, is to acquire a 65% interest in the Malala Molybdenum Project.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) releases monthly drilling report ending 1 September 2010.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that it has agreed to sell its 2% Naccowlah Block Joint Venture interest and associated exploration permit ATP 259P and production licenses to Bounty Oil & Gas NL (ASX:BUY) (PINK:BYOGF) for A$1.15 million comprised of A$950,000 in cash and A$200,000 in BUY common stock.. The Naccowlah Block Joint Venture is owned by Santos Ltd (ASX:STO) (PINK:SSLTY) (55.5%) as operator, Beach Energy Ltd (ASX:BPT) (PINK:BEPTF) (38.5%), IOR Energy Pty Ltd (2%), Energy World Corporation Ltd (ASX:EWC) (PINK:EWCLF) (2%) and DLS (2%).