Beach Energy Limited (ASX:BPT) Completes Acquisition Of Impress

Adelaide, April 6, 2011 AEST (ABN Newswire) - Beach Energy Limited (ASX:BPT) (PINK:BEPTF) announces it has acquired all of the outstanding shares in Impress Energy Limited (ASX:ITC) through compulsory acquisition. Beach acquired a relevant interest in Impress of approximately 96% during the takeover offer period, and as a result was able to move to compulsorily acquire the outstanding shares in Impress it did not own.

The purchase of the remaining outstanding shares was completed today.

Contact

Corporate Reg Nelson Beach Energy Limited Tel: +61-8-8338-2833 Neil Gibbins Beach Energy Limited Tel: +61-8-8338-2833 Investor Relations Chris Jamieson Beach Energy Limited Tel: +61-8-8338-2833 Email: info@beachenergy.com.au http://www.beachenergy.com.au