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Beach increases production target

Strong operating performance also underpins Beach’s decision to increase standalone FY18 production guidance to 10.6-11.0 MMboe, up from the previous guidance of 10.0-10.6 MMboe. Beach’s production for the December 2017 quarter was up 3 per cent to 2.6 MMboe, including record operated gas production in December. Revenue also increased by $30 million up to $208 …

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