Adelaide Energy Limited

The Otway Petroleum Project is Adelaide Energy Limited's (ASX:ADE) 100% owned suite of integrated production, development and exploration oil and gas assets, which are located in the South Australian section of the onshore Otway Basin.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to advise the following in relation to its shale gas drilling.

Adelaide Energy Limited (ASX:ADE) is pleased to release Encounter-1 weekly drilling report ended 7 December 2010.

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to release monthly drilling report for the period ending 1 December 2010.

Adelaide Energy Limited (ASX:ADE) is pleased to release Encounter-1 weekly drilling report ended 30 November 2010.

Adelaide Energy Limited (ASX:ADE) announced on 12 January 2010 the execution of an Agreement for the purchase of interests in 3 permits in Queensland's Maryborough Basin.

Adelaide Energy Limited (ASX:ADE) is pleased to release Chairman's Address at 2010 Annual General Meeting.

Adelaide Energy Limited (ASX:ADE) non-renounceable 1 for 2 rights issue closed at 5.00pm ACDT on Friday 19 November 2010.

Adelaide Energy Limited (ASX:ADE) is pleased to release Encounter-1 weekly drilling report ended 23 November 2010.

Adelaide Energy Limited (ASX:ADE) is pleased to release Encounter-1 weekly drilling report ended 16 November 2010.