It's pointless to forecast a US dollar oil price without considering a changing AU$/US$ exchange rate. Also Beach has contracts (long term gas) with a Brent Crude anchor and the Cooper Light crude they sell is at a very different price to WTI (refer to JV partner Santos annual reports to explain this). Yes, Beach has mainly Australian production, plus the accounts and dividends are in AU$.
Ann: 2018 AGM addresses and presentation, page-94
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