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Perth, Aug 20, 2008 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) Announce the drilling report for the week ending 20 August, 2008 are attached. Highlights of the week's activities include:

Cooper/Eromanga

In areas operated by Santos:

- One well is logging (James-2, Beach 17.14%),

- Beach has elected not to participate in casing Naccowlah South-18 (Beach 38.50%), and

- Marabooka-14 (Beach 20.21%) was cased as a gas production
------------------------------
Well            Participants  
------------------------------
Big Lake-89     BPT     20.21%
PPL 11          STO*    66.60%
Gas Development ORG     13.19%
C/E Basin, SA                 
----------------------------------------------------------
Weekly Progress & Summary                  Primary Targets
----------------------------------------------------------
Report Time:    0600 hrs (CST) 19/082008   Patchawarra
Depth:          1173m                      Tirrawarra
Operation:      Drilling deviated hole in            
                Oodnadatta Formation.
Progress:       294m                    

------------------------------
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) 19/08/2008  Hutton
Depth:          1902m TD                   Sandstone
Operation:      Cleaning hole. Beach have  Basal Jurassic(s)
                elected not to participate in the           
                casing and completion of this well.         
Progress:       176m                    

------------------------------
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) 19/08/2008  Tinchoo
Depth:          2456m TD                   Formation
Operation:      Running wireline logs.              
Progress:       267m                    

------------------------------
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) 19/08/2008  Coorikiana     
Depth:          1117m TD                   Sandstone
Operation:      Well is cased and suspended as a future
                Coorikiana Sandstone gas producer.     
Progress:       817m                    

------------------------------
COAL SEAM GAS PROJECTS
Location            Participants 
------------------------------
Pl 198              BPT     40%
Coal Seam Develop't AOE*    60%
Surat  Basin, QLD              
                               
Well         Depth   Operation: 0600hrs (EST) 20th August 2008
--------------------------------------------------------------
Tipton -140  201.3m             Drilling ahead.         
--------------------------------------------------------------
* Operator                                              
(s)  Secondary Targets           AOE  Arrow Energy NL   
BPT  Beach Petroleum Ltd         DLS  Drillsearch Energy N.L
STO  Santos Limited              IOR  Inland oil (Prod) PTY LTD 
ORG  Origin Energy Resources LTD AGF  Australian Gas Fields LTD 


About BEACH PETROLEUM LIMITED

Beach Petroleum (ASX: BPT) is a long established oil and gas Exploration and Production Company. Based in Adelaide, South Australia, the Company has Oil and gas reserves of 90 million barrels of oil equivalent (at 30 June 2007), an Annual Oil Production in the 2006/07 Financial Year of 9.4 million barrels and an active drilling program within a well balanced portfolio of tenements.


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