Effective 1 March 2016, Drillsearch Energy Limited is a wholly owned subsidiary of Beach Energy Limited. For latest information regarding the combined operations, please visit Beach’s web site at www.beachenergy.com.au. Please note the existing Drillsearch web site will close in due course.

As an Australian based oil and gas exploration and production company, publicly listed on the Australian Securities Exchange (ASX), Drillsearch is subject to and conducts its business within the requirements of the ASX Listing Rules and the laws and regulatory requirements of the jurisdictions and countries in which it operates.

Drillsearch’s Board and Management recognise that high standards of corporate governance are an integral part of their commitment to maximising shareholder value, by promoting strategic thought, risk management, corporate and social responsibility, and transparency as outlined in Drillsearch’s Corporate Governance Statement below:

Corporate Governance Statement for year ended 30 June 2015

Please find below Drillsearch’s Constitution, Board Charter and Board Committee Charters and the core policies associated with Drillsearch’s corporate governance practices:

Constitution

Drillsearch undertakes periodic reviews of its Charters and Policies and the Charters and Policies on this page will from time to time be replaced with updated versions.