Beach Energy chairman Glenn Davis has announced his retirement as a director, which will take place following the 2023 Beach annual general meeting on 14 November 2023.
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Gas discovery at Trigg Northwest 1
Beach Energy has announced a gas discovery at the fourth well of the Perth Basin gas exploration campaign.
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Meet Beach’s new CEO
Beach Energy has just appointed Brett Woods as managing director and chief executive officer, to commence on 21 February 2024.
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Beach Energy ends financial year with strong results
The company’s revenue and production levels are up and its major growth projects are progressing.
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Beach Energy abandons Trigg 1 well
Beach Energy’s Trigg 1 gas exploration well in the Perth Basin reached a total depth of 4914 metres, indicating insufficient porosity and permeability to flow gas.
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Waitsia Stage 2 project compromised
Beach Energy no longer considers it prudent or appropriate to maintain its previously targeted schedule and capital estimates regarding the Waitsia Stage 2 project.
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Beach Energy sells interest in PRL 211
Vintage Energy, alongside joint venture partners Metgasco and Bridgeport, have acquired Beach Energy’s 15 per cent interest in the Cooper Basin licence PRL 211.
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Bass to acquire Cooper Basin assets
Bass Oil has entered into a conditional sale and purchase agreement with a subsidiary of Beach Energy to acquire a portfolio of Cooper Basin assets for a cash consideration of $650,000.
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Beach benefits from high oil and gas prices
Profit at Beach Energy has jumped 66 per cent thanks to soaring oil and gas prices, despite the company’s half-year oil and gas production rates falling 15 per cent.
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Beach output falls to four-year low
Beach Energy has reported its lowest quarterly production in nearly four years as the energy company’s shares fell nearly 8 per cent.
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