Aug 11 (Reuters) - Beach Energy Ltd BPT.AX :
* Says signed a binding agreement to acquire a 40% operating interest in the atp 1056 permit
* Deal for $1.15 million
* Says to acquire a 40% operating interest in the permit from AGL cooper basin pty ltd, a subsidiary of AGL Energy Limited
* Says on completion, Beach will have a right to earn a further 20% by satisfying farmin obligations assumed from AGL
* Source text for Eikon ID:nASX5WssjW