Adelaide Energy Limited

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 23 September, 2009 are attached. Highlights of the week's activities include: Wakefield-1 (Beach 23.33% in Post Permian JV), targeting oil in the Namur and Hutton Sandstones, has reached total depth at 2298 metres in the Nappamerri Formation and is preparing to run wireline logs. The NS 394-3 [Burtocal North] offshore oil exploration well (Beach 20%) has reached a depth of 1315 metres and is running intermediate casing.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 16 September 2009, highlights of the week's activities include: Spikey Beach-1 (Beach 80% in Spikey Beach Farmout Blocks) targeting oil in the Upper Eastern View Group reached final total depth of 2100m MDRT on 14 September. The NS 394-3 [Burtocal North] offshore oil exploration well (Beach 20%) is drilling ahead at a depth of 672 metres after spudding on 14 September. Wakefield-1 (Beach 23.33% in Post Permian JV), targeting oil in the Namur and Hutton Sandstones, spudded Thursday 10 September.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 9 September, highlights of the week's activities include: Wakefield-1 (Beach 23.33% in Post Permian JV), targeting oil in the Namur and Hutton Sandstones is expected to spud Thursday 10 September. Spikey Beach-1 (Beach earning 80% in Spikey Beach Farmout Blocks) spudded on 5 September and is currently at a depth of 816 metres. The Comet drilling rig is being jacked up over the NS394-3 [Burtocal North] oil exploration well (Beach 20%) location.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) advises that it has entered into a Farmin Agreement with Adelaide Energy Limited (ASX:ADE) under which Beach will acquire a 90% interest in PEL 218, in the Cooper Basin, northeastern South Australia.

Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) advises that it has entered into a Farmin Agreement with Adelaide Energy Limited (ASX:ADE) under which Beach will acquire a 90% interest in PEL 218, in the Cooper Basin, northeastern South Australia.