Beach Energy Ltd (ASX:BPT)
Beach Energy Ltd (ASX:BPT) is an oil and gas exploration and production company.
The Company has operated and non-operated, onshore and offshore, oil and gas production from five producing basins across Australia and New Zealand and is a key supplier to the Australian east coast gas market.
Beach Energy’s portfolio includes interests in strategic oil and gas infrastructure, such as the Moomba processing facility, as well as a suite of high potential exploration prospects. Beach is highly focused on maintaining the highest health, safety, and environmental standards.
The largest onshore oil producer in Australia
Beach Energy has established a world-class operated oil business on the Western Flank of the Cooper Basin, and has grown to become Australia’s largest onshore oil producer.
The Company has an active operated drilling program focused on key Western Flank play fairways, and continues to develop its acreage across the Cooper Basin.
Expanding natural gas portfolio supplying Australia and New Zealand
Beach Energy also has a major gas business comprising operated and non-operated, onshore and offshore assets across five producing basins that supply natural gas to the Australian west coast and east coast markets and the New Zealand market.
With its Cooper Basin, offshore Otway Basin and Bass Basin producing assets, Beach supplies approximately 15% of Australian east coast domestic natural gas demand.