Beach Energy Limited Stock Market Press Releases and Company Profile
Beach Petroleum Limited (ASX:BPT)
Beach Petroleum Limited (ASX:BPT)

Adelaide, April 8, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report for the week ending 8 April, 2009.

Highlights of the week's activities include:

Egypt - South East July Concession - Gulf of Suez

South July-1 ST1 reached a final total depth of 3473 metres in the Yusr sands of the lower Rudeis Formation. As there were no hydrocarbon shows and electric logs indicate the reservoir objective Yusr Member to be water saturated, the well is being plugged and abandoned. Interests in the sidetrack are Beach Petroleum (Egypt) Pty Limited, 33.33% and Dana Petroleum (E&P) Limited, 66.67%.
-----------------------------------Well                 Participants-----------------------------------South July-1ST1      BPT     33.33%SE July Concession   DNX*    66.67%Oil ExplorationGulf of Suez,  Egypt---------------------------------------------------------Weekly Progress & Summary                 Primary Targets---------------------------------------------------------Report Time:    0600hrs(Egypt) 08/04/2009 Lower Rudeis FmDepth:          3473.2m(TD)               Nubia SstOperation:      Well is being  plugged                and abandoned.Progress:       87.2m-----------------------------------Well                 Participants-----------------------------------Tindilpie-7          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) 08/04/2009  Patchawarra FmDepth:          3223m(TD)                       Operation:      Well has been cased and                suspended as a future                Patchawarra Formation                gas producer.Progress:       162m-----------------------------------  Well               Participants-----------------------------------Nephrite-2           BPT     20.21%PPL 95               STO*    66.60%Gas Development      ORG     13.19%C/E Basin, SA---------------------------------------------------------Weekly Progress & Summary                 Primary Targets---------------------------------------------------------Report Time:    0600 hrs(CST) 08/04/2009  Patchawarra FmDepth:          1929mOperation:      Drilling ahead in the                Westbourne Formation.Progress:       1209m* Operator(s)   Secondary TargetsBPT   Beach Petroleum LtdDNX   Dana Petroleum (E&P) LimitedSTO   Santos LimitedORG   Origin Energy Resources LTD

Contact

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



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