Press Releases

Adelaide, Dec 9, 2009 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 9 December. Highlights of the week's activities include:

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

The running of the 7" casing string at Paralana-2 (GEL 178) has commenced. Well completion and rig release is expected to occur in mid to late December 2009. Post casing evaluation is expected to be undertaken early in the New Year to determine the static temperature and rock properties of the basal interval of the well.

(Beach, well Operator, earning 21%).

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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) 9/12/2009  Bolla Bollana 
Depth:       4012m (TD)                Formation
Operation:   Running 7" casing.
Progress:    0m

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Well                    Participants
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Burke-11                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) 9/12/2009  Epsilon Formation,
Depth:       804m                      Patchawarra Formation
Operation:   Running surface casing.
Progress:    804m

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

Contact

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