BPT 2.80% $1.10 beach energy limited

Ann: Quarterly report for the period ended 30 September 2021, page-36

  1. 2,815 Posts.
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    In FY21 Western Flank was the biggest production contributor for BPT at 2,427 kboe and after 1 year it fall off the cliff (-35%) to 1,594 kboe, are you sure this is a natural decline? or technical management inadequacy? with this % it is not a fine balance...any growth from here is subject to heavy capex and project risks....delays and cost blow out (everything is slow in COVID both people and materials). DYOR. I will have a look at WPL, STO and OSH quarterly to compare the production decline, but honestly I would be more incline to say the production will be flat or up for these other players.

    https://hotcopper.com.au/data/attachments/3708/3708127-553bfee4c4af038d7d2273544a33b2ee.jpg
 
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