Beach Energy Ltd

Company Profile

• Business description

  Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.

• Contact

  80 Flinders Street
  Level 8
  AdelaideSA5000
  AUS

  T: +61 883382833

  E: [email protected]

  https://www.beachenergy.com.au

• Sector

  Energy

  Stock type

  Sensitive

• Industry

  Oil & Gas E&P

  Fiscal Year End

  30 June 2025

  Employees

  493