Dec 21 (Reuters) - Beach Energy Ltd BPT.AX :
* TO ACQUIRE TOYOTA TSUSHO'S 5% INTEREST IN OTWAY GAS PROJECT AND 11.25% INTEREST IN BASSGAS PROJECT
* BEACH ENERGY -"PURCHASE PRICE REMAINS CONFIDENTIAL, HOWEVER IS CONSISTENT WITH PRICING PARAMETERS OF RECENT COMPARABLE TRANSACTIONS WITHIN SECTOR"
* DEAL TO BE FUNDED FROM BEACH'S EXISTING CASH RESERVES