Adelaide, June 25, 2008 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) Weekly Drilling Report for Week ending 25 June 2008. Highlights of the week's activities include:

Cooper/Eromanga Oil

- In areas operated by Santos, one successful well was drilled (Big Lake-87, Beach 20.21%), and one well is in progress (Granchio-3, Beach 20.21%). Operations were slowed by rain early in the week.

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Well            Participants
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Granchio-3      BPT     20.21%
PPL 188         STO*    66.60%
Oil Appraisal   ORG     13.19%
C/E Basin, SA
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Weekly Progress & Summary         Primary Targets
                        
Report Time:    0600 hrs (CST) 
                24/06/2008        McKinlay
Depth:  1314m                     Basal Birkhead (S)
Operation:      Drilling ahead.
Progress:       1314m

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Well            Participants
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Big Lake-87     BPT     20.21%
PPL 11          STO*    66.60%  
Oil Development ORG     13.19%
C/E Basin, SA

Report Time:    0600 hrs (CST) 
                24/06/2008        Mid Birkhead
Depth:          2046m (TD)        Hutton (s)
Operation:      Cased and suspended as a 
                future Hutton oil producer.
Progress:       1345m

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COAL SEAM GAS PROJECTS
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Location              Participants
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Pl 198                BPT     40%
Coal Seam Develop't   AOE*    60%
Surat  Basin, QLD

Well          Depth         Operation: 0600hrs (EST) 
                            25th June 2008
Tipton - 133  631.63m (TD)  Completing well
Tipton - 132A 476.0m        Completing well
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* Operator
(s)  Secondary Targets
BPT   Beach Petroleum Ltd
STO   Santos Limited
ORG   Origin Energy Resources Ltd
AOE   Arrow Energy NL