Beach Energy Limited, formerly Beach Petroleum Limited, is an Australia-based company.
The Company is engaged in oil and gas exploration, development and production, and investment in the resources industry. The Company’s exploration and production primarily focuses on the Cooper-Eromanga Basin in central Australia.
The Company has interests in 20 petroleum exploration and 263 production licenses. Gippsland Basin (BMG) includes four wells in the Basker field and one well in the Manta field, and it holds 30% interest in the Basker, Manta and Gummy oil and gas fields, offshore Victoria.
The Company had 40% interest in the producing Tipton West Field and in the Surat Basin. The Company’s subsidiaries include Beach Petroleum (NZ) Pty Ltd, Beach Oil and Gas Pty Ltd, Beach Production Services Pty Ltd, Beach Petroleum (Egypt) Pty Ltd, Beach Petroleum Spain S.L. and Beach (USA) Inc. In February 2010, the Company acquired a 51% interest in Somerton Energy Limited.
Company News /
by Adrian Tan -
5 months ago
25 Oct 2024 - Beach Energy (ASX:BPT) has successfully commenced gas production from its Thylacine West 1 and 2 development wells, which are now connected to the Otway Gas Plant.
Company News /
by Adrian Tan -
5 months ago
18 Oct 2024 - Beach Energy has reported a solid start to FY25, with production rising 10% quarter-on-quarter, driven by its successful projects in the Otway and Bass Basins.
Company News /
by Glenn Dyer -
9 months ago
11 Jun 2024 - Beach Energy (ASX:BPT) has flagged more asset impairments for the year to June 30, with the total bill topping $1.1 billion.
Company News /
by Glenn Dyer -
11 months ago
08 Apr 2024 - Beach Energy (ASX:BPT), a prominent player in the oil and gas industry, has been grappling with significant challenges, including cost overruns and delays, at its Wai…
Company News /
by Glenn Dyer -
A year ago
12 Feb 2024 - In the six months to December, Kerry Stokes's 30%-controlled oil and gas producer, Beach Energy (ASX:BPT), faced a substantial setback, taking a $721 million write-do…
Company News /
by Glenn Dyer -
A year ago
14 Aug 2023 - Beach Energy (ASX:BPT) announced on 9 August that it had appointed Brett Woods as Managing Director and Chief Executive Officer.
Company News /
by Glenn Dyer -
2 years ago
14 Feb 2023 - The Kerry Stokes-dominated Beach Energy (ASX:BPT) has made an important change to dividend policy to allow it to start giving shareholders more of its half a billion …
Company News /
by Glenn Dyer -
2 years ago
16 Aug 2022 - Even with market sentiment having improved a bit, the pressure on companies to deliver this reporting season is higher than ever. While LIC Argo Investments (ASX:ARG)…
Company News /
by Glenn Dyer -
2 years ago
21 Jul 2022 - The Kerry Stokes dominated Beach Energy yesterday revealed its best quarterly earnings off the back of the surge in global oil and gas prices since the invasion of Uk…
Market Reports /
by Lauren Evans -
2 years ago
08 Jul 2022 - The ASX had its best week since mid-March as recession fears eased. Friday’s session was spent in positive territory thanks to strong gains in the resources space.
Market Reports /
by Melissa Darmawan -
2 years ago
08 Jul 2022 - The Australian sharemarket has started on an optimistic note, with gains building for a second day. Hopes that the Federal Reserve can navigate a soft landing has spu…
Company News /
by Melissa Darmawan -
2 years ago
08 Jul 2022 - We learnt at the end of June that China’s manufacturing purchasing managers’ index rebounded in June, indicating expansion for the first time since February as major …
Market Reports /
by Lauren Evans -
2 years ago
06 Jul 2022 - Australian shares spent the afternoon in the red as commodity prices plunged on recession fears. The energy sector tumbled 5.8%, with materials down 5%. Real estate w…
Market Reports /
by Melissa Darmawan -
2 years ago
05 Jul 2022 - Australian shares held on to their gains after the Reserve Bank of Australia reaffirmed its pledge to keep tightening monetary policy, joining other global central ba…
Company News /
by Melissa Darmawan -
2 years ago
29 Jun 2022 - Optimism around China easing its Covid-zero policy and continued policy support has seen the oil price rally for its 3rd day.
Market Reports /
by Melissa Darmawan -
2 years ago
22 Jun 2022 - US stocks rebounded as dip buyers emerged after the long weekend. Energy and miners led the rally on Wall St, Europe and ASX. What to look out for on the ASX today.
Market Reports /
by Lauren Evans -
2 years ago
17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…
Market Reports /
by Lauren Evans -
2 years ago
17 Jun 2022 - The ASX has tumbled this morning following Wall Street's fall overnight on heightened recession fears in the US. This comes after a renewed global sell-off as rising …
Market Reports /
by Lauren Evans -
2 years ago
15 Jun 2022 - The Australian sharemarket closed lower for its fourth consecutive session after shares fell further in the afternoon trade, with all eyes on tonight’s interest rate …
Market Reports /
by Melissa Darmawan -
2 years ago
15 Jun 2022 - The ASX has extended its fall for a 4th straight day with consumer staples and utilities advancing while the other sectors are in the red. Healthcare is the worst per…
Market Reports /
by Lauren Evans -
2 years ago
10 Jun 2022 - The ASX has suffered its worst week since 2020 after the financial sector was hit with a 9 per cent weekly slump. The market was under renewed pressure today, with al…
Market Reports /
by Lauren Evans -
2 years ago
10 Jun 2022 - The ASX is off to another weak start following a red finish on Wall Street. Australian shares are on track for their largest weekly decline this year as markets diges…
Market Reports /
by Lauren Evans -
2 years ago
08 June 2022 - The ASX finished higher despite easing back its gains in the afternoon session. All sectors closed higher, except financials, down 2.9% as major banks weighed. Energ…
Market Reports /
by Melissa Darmawan -
2 years ago
08 Jun 2022 - The Australian sharemarket has recouped some of Tuesday’s decline as industrials and miners are leading a broad-based rally. The major banks are the exception, extend…
Market Reports /
by Lauren Evans -
2 years ago
06 Jun 2022 - The ASX remained in the red for the afternoon session following a weak lead from Wall Street. The Reserve Bank of Australia is set to meet tomorrow, which means inves…
