Beach Petroleum Limited (ASX:BPT) Well Hedged Against Oil Price Decline As Western Cooper Basin Production Surges

  Adelaide, Australia, Dec 23, 2008 - (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) is largely protected from declining oil prices for the remainder of the financial year, with more than half of its forecast oil production in the second half underpinned at a minimum of & #36;US60 a barrel.Beach announced today that at least 57% of its forward estimate of 1.  

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