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.
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2 years ago
06 Jun 2022 - The Australian sharemarket has retreated this morning after three weeks of gains ahead of the Reserve Bank of Australia policy meeting tomorrow.
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by Lauren Evans -
2 years ago
01 Jun 2022 -The ASX is pushing higher this morning after Wall Street fell overnight amid inflation and recession fears across the globe. Most sectors are showing gains, with the e…
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by Melissa Darmawan -
2 years ago
31 May 2022 - The Australian sharemarket closed at session lows, snapping its two-day winning streak as concerns mounted on hawkish comments from the Fed and whether the central ba…
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by Melissa Darmawan -
2 years ago
31 May 2022 - US stocks and bond markets were closed for Memorial Day holiday. Hot German inflation trims US futures after it rose which cast a shadow over optimism on lockdowns ea…
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by Lauren Evans -
2 years ago
16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…
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by Lauren Evans -
2 years ago
13 May 2022 - The ASX closed lower for a fourth week despite a rally on Friday’s session thanks to information tech. Tech’s gains were much needed after yesterday’s 8.7% dive as in…
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by Melissa Darmawan -
2 years ago
13 May 2022 - Australian shares are on track to close the week lower for its fourth week despite a risk on mode lifted by information tech. A much welcomed reprieve after yesterday…
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by Lauren Evans -
2 years ago
11 May 2022 - After a volatile session, the Australian sharemarket made a comeback in the afternoon and closed in positive territory despite a rough start to the day and week. This…
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by Lauren Evans -
2 years ago
11 May 2022 - The ASX opened lower before easing back some losses at lunchtime despite tech, financials and energy stocks still weighing on the index. This comes after Wall Street …
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by Melissa Darmawan -
2 years ago
10 May 2022 - Local resources stocks were savaged as traders closed out positions on concerns of rising trade war, monetary tightening, and high inflation. Underlying commodity pri…
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by Lauren Evans -
2 years ago
09 May 2022 - The ASX spent Monday's session in negative territory after a decline on Wall Street sent Aussie shares tumbling. The local bourse was weighed down by property, which …
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by Lauren Evans -
2 years ago
06 May 2022 - Australian shares had an ugly day as investors sold off on fears that the pace of the interest rate hiking cycle would send the economy into a recession. Investors le…
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by Melissa Darmawan -
2 years ago
06 May 2022 - Australian shares dived to its lowest level since 17 March in a broad-based rout led by information tech as recession fears intensified. Only a handful of stocks are …
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by Lauren Evans -
2 years ago
05 May 2022 - The ASX snapped its three-day loosing streak and rebounded to positive territory thanks to a boost in tech and resource stocks. The clarity from the Federal Reserve’s…
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by Lauren Evans -
2 years ago
05 May 2022 - The ASX is rallying after three straight days of declines as technology and resources stocks charge ahead. The clarity from the Federal Reserve’s reassurance around a…
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by Lauren Evans -
2 years ago
02 May 2022 - The ASX had a rough session today ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. Meanwhile, a weak lead from Wall Street sent Aussie …
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by Melissa Darmawan -
2 years ago
02 May 2022 - Australian investors climb the wall of worries ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. This followed a negative lead from Wall…
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by Lauren Evans -
2 years ago
29 Apr 2022 - The ASX had a buoyant session led by technology, communication services and consumer discretionary, while materials added the least in a broad-based rally. The Aussie…
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by Lauren Evans -
2 years ago
27 Apr 2022 - Australian inflation came in hotter-than-expected, with trimmed mean well above RBA's 2% to 3% target band and firming bets the central bank will begin lift-off in Ma…
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by Melissa Darmawan -
2 years ago
27 Apr 2022 - Global markets fell into negative territory while energy stocks recovered as oil prices rebounded. US stocks were in meltdown mode as tech stocks continued to underpe…
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by Lauren Evans -
2 years ago
22 Apr 2022 - The ASX snapped its five-day winning streak after spending all of Friday's session in a sea of red, following Wall Street's weak lead after US Fed Chair Jerome Powell…
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by Lauren Evans -
2 years ago
22 Apr 2022 - The Australian sharemarket has tumbled this morning following a weak lead from Wall St after US stocks turned lower overnight on news that Fed Chair Jerome Powell con…
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by Lauren Evans -
2 years ago
20 Apr 2022 - The ASX eased its gains in the afternoon session despite a strong start. Today’s gains were buoyed by the health care space, which led the market to finish a touch hi…
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by Lauren Evans -
2 years ago
20 Apr 2022 - The Aussie sharemarket has advanced this morning following Wall Street's lead. Across the sectors, health care is powering ahead, followed by consumer discretionary, …
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by Lauren Evans -
2 years ago
13 Apr 2022 - The ASX held its gains in the afternoon session and finished the day in positive territory. The energy sector led today’s gains, followed by materials, while real est…