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Distributed: May 27, 2009

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Adelaide, May 27, 2009 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 27 May, 2009 are attached. Highlights of the week's activities include:

Beach Petroleum Operated Cooper / Eromanga Exploration

Tumby-1, the first well of a planned six well back-to-back oil exploration program in PEL 92, spudded on 26 May. The well is drilling ahead at a depth of 172 metres. Interests in Tumby-1 are Beach Petroleum Ltd (75%) and Cooper Energy Ltd (25%).
-------------------------------
Well             Participants
-------------------------------
Tumby-1          BPT*    75.00%
PEL 92           COE     25.00%
Oil Exploration
C/E Basin, SA
-----------------------------------------------------------
Weekly Progress & Summary              Primary Targets
-----------------------------------------------------------
Report Time: 0600 hrs(CST) 27/05/2009  Namur Sandstone
Depth:       172m                      Poolowanna Fm (s)
Operation:   Well spudded on 26 May;   Birkhead - Hutton(s)
             current operation is
             drilling ahead in surface
             hole.
Progress:    172m


-------------------------------
Well             Participants
-------------------------------
Cowralli-10      BPT     20.21%
PPL 91           STO*    66.60%
Gas Development  ORG     13.19%
C/E Basin, SA
------------------------------------------------------
Weekly Progress & Summary              Primary Targets
------------------------------------------------------
Report Time: 0600 hrs(CST) 27/05/2009  Patchawarra Fm
Depth:       3237m (TD)
Operation:   Well has been cased and
             suspended as a future gas
             producer.
Progress:    0m


-------------------------------
Well             Participants
-------------------------------
Tindilpie-8      BPT     20.21%
PPL 140          STO*    66.60%
Gas Development  ORG     13.19%
C/E Basin, SA
--------------------------------------------------------
Weekly Progress & Summary              Primary Targets
--------------------------------------------------------
Report Time: 0600 hrs(CST) 27/05/2009  Patchawarra Fm
Depth:       3161m (TD)                Tirrawarra Sst(s)
Operation:   Well is being cased and
             suspended as a future gas
             producer.
Progress:    90m
* Operator
(s) Secondary Targets

(ASX:BPT) Beach Petroleum Ltd
(ASX:COE) Cooper Energy
(ASX:ORG) Origin Energy Resources Ltd
(ASX:STO) Santos Limited


About Beach Energy Limited

Beach Energy Limited (ASX:BPT) is a long established oil and gas Exploration and Production Company, based in Adelaide, South Australia.

Contact

Hector Gordon
Chief Operating Officer
Beach Petroleum Ltd
Tel: +61-8-8338-2833
Fax: +61-8-8338-2336
www.beachpetroleum.com.au

  Related Companies

>>>              Beach Energy Limited
>>>           Cooper Energy Limited
>>>              Origin Energy Limited
>>>          Santos Limited

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