Brisbane, Aug 14, 2008 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT) Announce the weekly drilling report for the week ending 13 August 2008. Highlights of the week's activities include:

Cooper/Eromanga Oil

- In areas operated by Santos, two wells are in progress: (James-2, Beach 17.14% and Naccowlah South-18, Beach 38.50%).

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Well            Participants
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Marabooka-13    BPT     20.21%
PPL 22          STO*    66.60%
Gas Development ORG     13.19%
C/E Basin, SA

Weekly Progress & Summary                   Primary Targets
-----------------------------------------------------------
Report Time:    0600 hrs (CST) 12/08/2008
Depth:          1112m TD                    Patchawarra
Operation:      Well is cased and suspended Formation
                as a future Coorikiana
                Sandstone gas producer.
Progress:       804m

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Well            Participants
----------------------------
Naccowlah       BPT     38.50%
Sth-18 PL 25    STO*    55.50%
Oil Development IOR     2.00%
C/E Basin, SA   DLS     2.00%
                AGF     2.00%

Weekly Progress & Summary                   Primary Targets
-----------------------------------------------------------
Report Time:    0600 hrs (CST) 12/08/2008   Hutton
Depth:          1726m                       Sandstone
Operation:      Drilling ahead in the 	    Basal Jurassic(s)
                Hutton Sandstone.
Progress:       1711m

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Well            Participants
----------------------------
James-2         BPT     17.14%
PPL 182         STO*    72.32%
Oil Appraisal   ORG     10.54%
C/E Basin, SA

Weekly Progress & Summary                   Primary Targets
-----------------------------------------------------------
Report Time:    0600 hrs (CST) 12/08/2008   Tinchoo
Depth:          2189m                       Formation
Operation:      Drilling ahead in the
                Hutton Sandstone.
Progress:       292m

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Well            Participants
----------------------------
Marabooka-14    BPT     20.21%
PPL  22         STO*    66.60% 
Gas Development ORG     13.19%
C/E Basin, SA

Weekly Progress & Summary                   Primary Targets
-----------------------------------------------------------
Report Time:    0600 hrs (CST) 12/08/2008   Coorikiana
Depth:          300m
Operation:      Rigging to cement
                surface casing.
Progress:       300m

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

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Well            Depth   Operation:0600hrs (EST) 13 Aug. 2008
------------------------------------------------------------
Tipton - 44T    552.5m  Well is completed.
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* Operator
(s) Secondary Targets
ASX:BPT Beach Petroleum Ltd
ASX:STO Santos Limited
ASX:ORG Origin Energy Resources LTD
ASX:AOE Arrow Energy NL
ASX:DLS Drillsearch Energy N.L
ASX:IOR Inland oil (Prod) PTY LTD
ASX:AGF Australian Gas Fields LTD