Press Releases

Adelaide, Nov 12, 2009 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 11 November. Highlights of the week's activities include:

Egypt - North Shadwan Concession - Gulf of Suez

The NS377-3 field development well (Beach 20%) has been cased and the 145 metre gross vertical oil column intersected by the well is being perforated for future oil production.

The NS 394-3 [Burtocal North-1] oil exploration well (Beach 20%) has reached final total depth of 3659 metres. The well is being plugged and abandoned having failed to encounter significant hydrocarbons.

Arrowie Basin (South Australia) - Paralana-2 Geothermal Exploration Well

The Paralana-2 geothermal exploration well has reached target TD of 4012 metres and the formation evaluation program is being planned.

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Well                    Participants
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Paralana-2              BPT*    21.00%
GEL 178                 PTR     69.00%
Geothermal Exploration  TRU     10.00%

Arrowie Basin, SA
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Weekly Progress & Summary               Primary Targets
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Report Time: 0600 hrs (CST) 11/11/2009  Upper Cannana
Depth:       4012m (TD)                 or Bolla Bollana
Operation:   Conditioning mud prior to
             running wire line logs and
             conducting temperature surveys.
Progress:    148m

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Well                    Participants
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NS 394-3                BPT     20.00%
(Burtocal-Nth)          BP*     50.00%
Oil Exploration         TOE     30.00%
North Shadwan, Egypt
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Weekly Progress & Summary                Primary Targets
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Report Time: 0600hrs (local) 10/11/2009  Nubia Sandstone
Depth:       3659m (TD)
Operation:   Running plug and abandoment program.
Progress:    61m

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Well                    Participants
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NS 377-3                BPT     20.00%
Oil Development         BP*     50.00%
North Shadwan           TOE     30.00%
Egypt
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Weekly Progress & Summary                 Primary Targets
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Report Time: 0600 hrs (local) 10/11/2009  Kareem Formation
Depth:       2872m  (1792m TVDSS)
Operation:   Running completion operations.
Progress:    0m

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Well                    Participants
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Dullingari-40DW1        BPT     20.21%
PPL 12                  STO*    66.60%
Gas Development         ORG     13.19%
C/E Basin, SA
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Weekly Progress & Summary               Primary Targets
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Report Time: 0600 hrs (CST) 11/11/2009  Patchawarra Formation
Depth:       2465m
Operation:   Drilling ahead in the Patchawarra Formation.
Progress:    908m

(s)   Secondary Targets
(*)   Operator
BPT   Beach Petroleum Ltd
ORG   Origin Energy Resources Ltd
BP    BP Exploration (Delta)
PTR   Petratherm Ltd
TRU   TRUenergy Pty Ltd
STO   Santos Limited
TOE   TriOcean Energy

Contact

Hector Gordon Chief Operating Officer TEL: +61-8-8338-2833