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BEACH ENERGY LIMITED M&A Activity 2009

Aug 13, 2009

64558_rns_2009-08-13_23c9da45-6279-468f-954c-9e8856952cae.pdf

M&A Activity

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14 August 2009

Ref: #126/09

The Manager, Companies ASX Limited Companies Announcement Office Electronic Lodgement System

Dear Sir,

ANNOUNCEMENT TO ASX DRILLSEARCH TAKEOVER OFFER CLOSES TODAY

Drillsearch Energy shareholders are reminded that the takeover offer from Beach Petroleum closes at 5:00pm Adelaide time today, Friday 14 August 2009.

To accept the Beach offer, either instruct your broker to accept on your behalf, or send your acceptance form to Computershare before this above deadline:

Attention: Deb Hall Corporate Services Representative Computershare Investor Services Hand delivery: See attached street addresses Email: [email protected] Facsimile: 1300 534 987

Any claim forms lodged electronically must be followed by the original signed form, either posted or hand delivered to Computershare.

Claim forms in respect of Broker Handling Fees are also due shortly and should be sent to Computershare, as per the above contact details.

For further information, please call 1800 171 413 (within Australia) or +61 8 8232 8648 (outside Australia).

Yours faithfully,

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Reg Nelson

Managing Director, FAusIMM

25 Conyngham Street, Glenside South Australia 5065 GPO Box 175 Adelaide 5001 Telephone (618) 8338 2833 Facsimile (618) 8338 2336 Beach Petroleum Ltd ABN 20 007 617 969 www.beachpetroleum.com.au

Computershare Investor Services – Office locations

Adelaide - CityLevel 5, 115 Grenfell StreetAdelaide SA 5000 Brisbane - CityLevel 19, 307 Queen StreetBrisbane QLD 4001
Melbourne - Port Melbourne21 Wirraway DrivePort Melbourne Victoria 3207 Melbourne - Yarra FallsYarra Falls, 452 Johnston StreetAbbotsford VIC 3067
Perth - Osborne Park31 Howe StOsborne Park Western Australia 6017 Perth – CityLevel 2, 45 St Georges TerracePerth WA 6000
Sydney - Ermington6 Hope StreetErmington New South Wales 2115 Sydney - CityLevel 3, 60 Carrington StreetSydney NSW 2000