Beach Petroleum Limited (ASX:BPT) Waives All Conditions In Its Takeover Offer For Drillsearch (ASX:DLS)

  Adelaide, Australia, July 3, 2009 - (ABN Newswire) - In order to give Drillsearch shareholders certainty, Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) has announced today that it has waived all conditions in its takeover offer for Drillsearch (ASX:DLS).In addition Beach has agreed to extend the offer until close of business on Friday 14 August 2009 to provide Drillsearch shareholders with an opportunity to sell into the unconditional offer.  

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