Drillsearch Energy Limited

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to announce two new field oil discoveries at Bauer-1, the third successful well in a five well exploration drilling campaign in PEL 91, and at Rincon-1, the final exploration well of the initial eleven well program for PEL 92. The commencement of the FY12 Joint Venture approved nine well exploration and development program, set down for PEL 92, will now follow this program.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) provides the opportunity to listen to an audio broadcast of Brad Lingo, Managing Director discussing the A$130 million Cooper Basin shale gas Joint venture formed with QGC announced to the market on Wednesday, 27 July 2011.

Drillsearch Energy Ltd (ASX:DLS) (PINK:DRLLF) is pleased to announce that it has formed a strategic joint venture with QGC a BG Group (LON:BG) company, to explore and develop unconventional shale and tight gas resources in the Cooper Basin.

Drillsearch Energy Ltd (ASX:DLS) (PINK:DRLLF) today advises in accordance with Listing Rule 3.16 that, effective Tuesday, 26 July 2011 Ian Bucknell has been appointed to the position of Company Secretary alongside existing Company Secretary Jean Moore.

Drillsearch Energy Ltd (ASX:DLS) (PINK:DRLLF) is pleased to announce that following its third success in the Western Flank Oil Fairway drilling program with the discovery of oil at Arno-1 that Bauer-1, the fourth well in the five well program spudded at 14:00hrs, Sunday 24 July 2011. Drillsearch holds a 60% interest in PEL 91 while Beach Energy Limited (ASX:BPT) (PINK:BEPTF) as operator holds 40%. To date, Drillsearch has drilled three new oil discoveries on the first three oil exploration wells - Hanson-1, Snellings-1 and Arno-1 as part of the 5-well Western Flank Oil exploration program.

Drillsearch Energy Limited (ASX:DLS) is pleased to announce the Arno-1 exploration well is a new oil field discovery in the Western Flank Oil Fairway. Arno-1 is the third well and third discovery in the current five well exploration drilling campaign in PEL 91. Arno discovery rights currently held 100% by Drillsearch.

Drillsearch Energy Ltd (ASX:DLS) (PINK:DRLLF) is pleased to announce that following its second success in the Western Flank Oil Fairway drilling program with the discovery of oil at Snellings-1 that Arno-1, the third well in the five well program spudded at 23:00hrs, Thursday 30 June 2011. Drillsearch holds a 60% interest in PEL 91 while Beach Energy Limited (ASX:BPT) (PINK:BEPTF) as operator holds 40%. To date, Drillsearch has drilled two new oil discoveries on the first two oil exploration wells - Hanson-1 and Snellings-1 as part of the 5-well Western Flank Oil exploration program.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that Beach Energy Limited (ASX:BPT) (PINK:BEPTF) as the Operator of PEL 91 has advised that the Snellings-1 exploration well is a new oil field discovery in the Western Flank Oil Fairway. Snellings-1 is the second well and second discovery in the current five well exploration drilling campaign in PEL 91. The PEL 91 Joint Venture is Drillsearch 60% and Beach Energy Ltd 40% as operator.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that following the success of the Hanson-1 New Oil Field Discovery in PEL 91, Drillsearch's Western Flank Oil Fairway drilling program continues with the spudding of Snellings-1, the second well in the five well program. The Snellings-1 well spudded at 7.00am Monday, 6 June 2011. Drillsearch holds a 60% Interest in PEL 91 while Beach Energy Limited (ASX:BPT) (PINK:BEPTF) as operator holds 40%. The Hanson Oil discovery is estimated to contain gross recoverable oil of up to 1 million barrels. Drillsearch also holds a 60% interest in this discovery.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that the drilling of the Hanson-1 oil exploration well in PEL 91 is now completed and the well has been cased and suspended as a future Namur oil producer in the Hanson New Oil Field Discovery. The PEL 91 Joint Venture is Drillsearch 60% and Beach Energy Ltd 40% as Operator.