Beach Energy Limited operates in the Crude petroleum and natural gas sector. Beach Energy Limited (Beach) is an Australia-based company. It is engaged in oil and gas exploration, development and production and investment in the resources industry. Beach's proved and probable recoverable reserves as at July 1, 2011, was 77.4 million barrels of oil equivalent (MMboe) and contigent resources was 582 MMboe. Beach holds interests in production joint ventures in the Cooper/Eromanga Basin, Bakken and the Basker-Manta-Gummy Joint Venture (offshore Gippsland Basin). As of June 30, 2011, Beach held interests in more than 300 exploration and production tenements in Australia, the United States, Egypt, Tanzania, Albania, Spain, New Zealand and Papua New Guinea. Its subsidiaries include Beach Petroleum (NZ) Pty Ltd, Beach Petroleum (NZ) Pty Ltd, Beach Production Services Pty Ltd, Beach Petroleum Pty Ltd, Beach Petroleum (Cooper Basin) Pty Ltd and Beach Petroleum Spain S.L. As of December 1, 2011, it held 90.1% interest in Adelaide Energy Limited. In
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