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Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 12 August 2009
Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 12 August 2009

Perth, Aug 14, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 12 August, 2009. Highlights of the week's activities include:

Beach Petroleum Operated Cooper / Eromanga Exploration (PEL 91)

Chiton-1 is drilling ahead at a depth of 887 metres in the Allaru Mudstone. It is expected that the well will enter the primary reservoir objective Namur Sandstone within the next 24-48 hours. Participants in Chiton-1 are Beach Petroleum Ltd, 40% and Drillsearch Energy Ltd, 60%.

Browse Basin, Offshore Western Australia - Burnside 1ST1 Gas Exploration Well

Burnside-1ST1 (Beach 7.34%) is being plugged and abandoned as planned. The well encountered low permeability sandstone in the primary reservoir objective Brewster Sandstone which is interpreted to be gas-saturated. The implications of the result are still being assessed by the Joint Venture.

Basker - Manta - Gummy (BMG) Oil Field Development - Gippsland Basin

Basker-7 (Beach 30%) has reached total depth of 3921 metres. Analysis of petrophysical data is being undertaken in order to finalise the forward program for the well.
---------------------------------Well               Participants---------------------------------Chiton-1           BPT*    40.00%  PEL 91             DLS     60.00%  Oil ExplorationC/E Basin, SA-------------------------------------------------------Weekly Progress & Summary            Primary Targets-------------------------------------------------------Report Time: 0800 (CST) 12/08/2009   Namur SandstoneDepth:       887m                    Birkhead FormationOperation:   Drilling ahead in       Poolowanna Fm (s)             the Allaru Mudstone.Progress:    231m                    Hutton Sandstone (s)---------------------------------Well               Participants---------------------------------Paralana-2         BPT*    21.00%  GEL 178            PTR     69.00%  Geothermal Expln   TRU     10.00%Arrowie Basin, SA                       -------------------------------------------------------Weekly Progress & Summary              Primary Targets-------------------------------------------------------Report Time: 0600 hrs (CST)12/08/2009  Upper CannanaDepth:       1427m                     or Bolla BollanaOperation:   Drilling ahead in             the Erudina Formation.Progress:    311m    ---------------------------------Well                Participants---------------------------------Burnside-1ST1       BPT     7.34%   WA 281P (offshore)  STO*   47.83%  Gas Exploration     IBL    20.00%  Browse Basin, WA    CVX    24.83%  -------------------------------------------------------Weekly Progress & Summary              Primary Targets-------------------------------------------------------Report Time: 0500 hrs (WST)12/08/2009  Lower CretaceousDepth:       4182m (TD)Operation:   Well is being plugged             and abandonded.Progress:    0m---------------------------------Well               Participants---------------------------------Basker-7           BPT     30.00%  Vic L26            ROC*    30.00%  Oil Development    CIE     20.00% Gippsland Basin,   SJE     10.00%  VIC                PTM     10.00%-------------------------------------------------------Weekly Progress & Summary              Primary Targets-------------------------------------------------------Report Time: 600 hrs (AEST)12/08/2009  Latrobe GroupDepth:       3921m (TD)Operation:   Pulling out of hole             with MDT pressure tools.Progress:    384m---------------------------------Well               Participants---------------------------------Charo-5            BPT     20.21%  PPL 177            STO*    66.60%  Oil Appraisal      ORG     13.19%  C/E Basin, SA                           -------------------------------------------------------Weekly Progress & Summary              Primary Targets------------------------------------------------------- Report Time: 0600 hrs (CST)12/08/2009  Birkhead FormationDepth:       1870m (TD)                Hutton SandstoneOperation:   Pulling out of hole       Namur Sandstone             prior to running             wireline logsProgress:    1870m---------------------------------Well               Participants---------------------------------Wackett-14         BPT     23.20%  PL 62              STO*    60.06%  Gas Development    ORG     16.74%C/E Basin, QLD-------------------------------------------------------Weekly Progress & Summary              Primary Targets-------------------------------------------------------Report Time: 0600 hrs (CST)12/08/2009  Toolachee Formation    Depth:       1650m                       Operation:   Drilling ahead in the             Westbourne Formation.Progress:    1650m* Operator(s)  Secondary TargetsBPT  Beach Petroleum LtdPTR  Petratherm LtdCIE  Cieco Exl & Prod COE  Cooper EnergySTO  Santos LimitedROC  Roc Oil    CVX  Chevron Australia Pty LtdTRU  TRUenergy Pty LtdSJE  Sojitz Energy     ORG  Origin Energy Resources LtdIBL  INPEX Browse, Ltd.PTM  Pertamina

Contact

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



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