BPT 0.19% $1.29 beach energy limited

News: BPT Beach Energy Says Q2 Production Down 4% Quarter-On-Quarter To 4.3 MMBOE, page-19

  1. 220 Posts.
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    Good to see they are getting production rates up. They spent a lot of money developing their otway fields and enterprise field, seemed crazy to then curtail that production due to the GSA. Prices moving in right direction. Even the $11/gj they mention above is pretty solid compared to what Nat gas gets elsewhere. I would prefer a fully utilised gas plant and reasonable GSA pricing rather than pushing Max price and not being able to move product or extract value from your field... (sounds like there's still price increase built in as well, though wasn't 100% how they've structured that). Good to hear. Thanks for the added info G12 . Appreciated.
 
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