Compliance statements Disclaimer Reserves disclosure This presentation contains forward-looking statements, including statements of current intention, opinion and predictions Beach prepares its reserves and resources estimates in…
Beach Energy value proposition Delivering material growth DELIVERING NOW FY24 TARGET GROWTH BEYOND FY24 OGP1 capacity increased OGP increase to full capacity Perth Basin exploration Last offshore well spudded Waitsia LNG…
Beach Energy portfolio Targeting 28 MMboe production in FY24 from five basins H1 FY22 Production: 11.0 MMboe Liquids Oil 22% Gas 37% East 63% H1 FY22 Coast Condensate production 7% gas 11.0 MMboe 49% 8% LPG 9% 5%…
Diversified basin exposure Production growth built on existing facilities and markets Perth Basin Otway Basin Bass Basin Taranaki Basin Cooper Basin Cooper Basin JV Western Flank Ownership 50%*,1 60%* 88.75%*,2 50%* 35.2%3 100%*,4…
Exposure to five commodity markets with attractive fundamentals Underinvestment in new supply, strengthening demand and energy security concerns East Coast Gas market Global Oil and Liquids West Coast Gas market NZ Gas market Global…
Delivering now Targeting 28 MMboe production in FY24 FY22 key deliverables Deliverables Progress 1 Bring Kupe Compression Project online Achieved in September 2021 2 Drill and connect Geographe 4/5 wells to the Otway Gas…
Delivering now Targeting 28 MMboe production in FY24 FY23/24 key deliverables Deliverables Connect Thylacine wells to OGP targeting first gas mid-CY2023 Construct Enterprise pipeline targeting first gas mid-CY2023 Complete…
Sustainable business Moomba Carbon Capture and Storage Final Investment Decision taken Beach sanctioned transformational emissions reduction project following independent review Material abatement project for Beach to reach Net…
Strong Balance Sheet Fully funded to deliver major capital programs Targeting peak gearing…
Growth beyond FY24 Perth Basin Targeting commencement of LNG sales in H1 FY24 Asset Details Interest: 50% and operator of Beharra Springs (JV participant Mitsui); 50% of Waitsia (JV participant and operator Mitsui) Asset Life: 15…
Growth beyond FY24 Perth Basin exploration Trigg 1 the first operated exploration well in FY23 Trigg Prospect Lockyer Deep W E SW NE Trigg 1 on-trend and up-dip from West Erregulla discovery Same Kingia and Wagina reservoirs…
Growth beyond FY24 Victorian Otway Basin Investing to return the Otway Gas Plant to 205 TJ per day nameplate capacity Asset Details Interest: 60% and operator (JV participant O.G. Energy) Asset Life: 15 years Facility: Otway Gas…
Growth beyond FY24 Nearshore Otway Basin exploration Short-cycle opportunities; 3D seismic planning underway Nearshore Otway Basin Acreage1 Enterprise discovery drilled from onshore well pad to offshore reservoir 4.9 km…
Growth beyond FY24 Potential Bass Basin development Yolla West infield drilling opportunity 2021 seismic reprocessing using latest technologies 2014 Interpretation 2021 Interpretation Bass Basin Acreage2 revealed an undrilled…
Growth beyond FY24 Cooper Basin exploration and development Western Flank oil exploration to inform next phase of appraisal No material oil exploration in the Western Flank for over five years 24 prospects matured to drillable…
Beach Energy Limited Level 8, 80 Flinders Street Adelaide SA 5000 Australia T: +61 8 8338 2833 F: +61 8 8338 2336 beachenergy.com.au Investor Relations Derek Piper, General Manager Investor Relations T: +61 8 8338 2833
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