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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Latest News
Market Reports /
by Lauren Evans -
2 years ago
29 Sep 2021 - The ASX made ground in the afternoon session but stayed in negative territory. Despite a rise in gold stocks, the broad decline led the ASX to close 1.1% or 79 points…
Market Reports /
by Lauren Evans -
2 years ago
29 Sep 2021 - The ASX is off to a challenging start today as most sectors weigh heavily on the index. At noon, the S&P/ASX 200 is 1.5% or 109.6 points lower at 7166. The SPI future…
Market Reports /
by Lauren Evans -
2 years ago
28 Sep 2021 - The ASX had its sixth tumble of the year, closing 1.5% or 109 points lower at 7,276. The local market faded after lunchtime and closed at its lowest point today. Ther…
Market Reports /
by Lauren Evans -
2 years ago
28 Sep 2021 - The ASX is in negative territory this morning, weighed down by health and tech stocks. At noon the S&P/ASX 200 is 0.8% or 61.3 points lower at 7322.9. The SPI futures…
Market Reports /
by Lauren Evans -
2 years ago
22 Sep 2021 - The ASX maintained momentum in the afternoon session and lifted higher for the second day this week. Energy and mining stocks continued to rally. At the closing bell,…
Market Reports /
by Lauren Evans -
2 years ago
15 Sep 2021 - The ASX is trading under pressure this morning after opening lower. At noon, the ASX/200 is 0.5 % or 33.6 points lower at 7403.7. The SPI futures are pointing to a fa…
Market Reports /
by Lauren Evans -
2 years ago
16 Aug 2021 - The Australian share market continued its downward trend. At the closing bell, the ASX was 0.6 per cent or 46 points lower at 7,583.
Company News /
by Lauren Evans -
2 years ago
16 Aug 2021 - Oil and gas production company Beach Energy (ASX:BPT) has reported an underlying net profit after tax of $363 million for the period ending 30 Jun 2021 (FY21), down 2…
Market Reports /
by Michael Luu -
3 years ago
30 Apr 2021 - The ASX200 dipped at the open and retreated from yesterday’s post-pandemic high. Red was the dominant colour across most sectors, as miners, bankers, medical develope…
Company News /
by Rachael Jones -
3 years ago
27 Jan 2021 - Beach Energy's (ASX:BPT) quarterly sales volumes were down 8 per cent to 6,444 Kilobarrel Of Oil Equivalent on the prior quarter and 3 per cent on the prior correspon…
Market Reports /
by Anna Napoli -
3 years ago
18 Jan 2021 - Australia’s sharemarket closed lower today despite a strong performance from some of our retailers. The S&P/ASX 200 index finished 52 points down or 0.8 per cent lowe…
Market Reports /
by Michael Luu -
3 years ago
03 Nov 2020 - The Australian stock market has dashed forward into 6000s territory this morning, as stock punters are betting on a rate cut on Cup Day. All sectors are in the black…
Company News /
by Anna Napoli -
3 years ago
17 Aug 2020 - Beach Energy’s (ASX:BPT) net profit has declined from $577 million last financial year to $501 million this year.
Market Reports /
by Anna Napoli -
3 years ago
17 Aug 2020 - Australian shares are set to drop at the open, taking direction from losses in Europe and lacklustre trading in the US. Wall Street was mixed retail sales in July fel…
Market Reports /
by Rachael Jones -
3 years ago
14 Jul 2020 - The Australian share market dropped at the open and is now tracking almost 0.5 per cent lower at noon. The Breville Group (ASX:BRG) rose over 7 per cent today meanwhi…
Market Reports /
by Ortenzia Borre -
3 years ago
28 May 2020 - The Australian share market opened higher this morning and is now trading 2.31 per cent up at noon. Blackmores (ASX: BKL) has completed its $92m institutional placeme…
Market Reports /
by Rachael Jones -
4 years ago
20 Apr 2020 - The ASX has recorded its worst session in three weeks today closing 2.5% lower. Shares in Nine Entertainment (ASX:NEC) did well today as did Domain Holdings (ASX:DHG)…
Market Reports /
by Rachael Jones -
4 years ago
20 Apr 2020 - The ASX dropped at the open and has continued to fall throughout mid morning trade. It is now tracking almost 1.3% lower at noon. Shares in Caltex Australia (ASX:CTX)…
Market Reports /
by Katrina Bullock -
4 years ago
09 Mar 2020 - The coronavirus panic which plagued the international markets in late trade last week has now thrust the Australian market below the 6000-point mark. The S&P/ASX 200 …
Market Reports /
by Katrina Bullock -
4 years ago
17 Feb 2020 - The Australian share market saw a short-lived spike at the open but has floated lower over the morning trade and is now tracking 0.4% lower after the first two hours …
Company News /
by Rachael Jones -
4 years ago
11 Feb 2020 - Beach Energy (ASX:BPT) has reduced its annual production guidance due to weak demand with a 2 per cent fall in underlying NPAT to $273.5 million.
Market Reports /
by Katrina Bullock -
4 years ago
07 Feb 2020 - The Australian share market opened slightly lower defying positive leads from Wall Street and is now tracking 0.4 per cent lower at noon, with economic data on the se…
Company News /
by Anna Napoli -
4 years ago
16 Dec 2019 - Beach Energy Limited (ASX:BPT) has completed flow testing at the Beharra Springs Deep-1 gas discovery in licence L11 in the Perth Basin.
Market Reports /
by Ortenzia Borre -
4 years ago
09 Dec 2019 - The Australian share market closed higher. McMillan Shakespeare (ASX:WHC) was the worst performer after the company released its trading performance update. Panoramic…