Second Quarter Activities Report
Document date: Thu 30 Jan 2003 Published: Thu 30 Jan 2003 09:45:32
Document No: 135622 Document part: A
Market Flag: Y
Classification: Second Quarter Activities Report
BEACH PETROLEUM LIMITED 2003-01-30 ASX-SIGNAL-G
HOMEX - Adelaide
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HIGHLIGHTS
* $16.8 MILLION IN OIL AND GAS REVENUE FOR THE HALF YEAR - FOUR TIMES
PREVIOUS COMPARABLE SIX MONTHS.
* 400% INCREASE ON OIL AND GAS SALES BOE AND REVENUE AS COMPARED TO
PREVIOUS CORRESPONDING PERIOD.
* 75% SUCCESS RATE IN DRILLING DURING THE HALF YEAR
* PLANS FOR 12 WELL DRILLING PROGRAM IN 2003
* SELLICKS-1 DISCOVERY IN PRODUCTION
* DIVIDEND OF 0.5 CENTS PER FULLY PAID ORDINARY SHARE PAID FOR
2001-02
MORE TO FOLLOW
Second Quarter Activities Report Document date: Thu 30 Jan 2003...
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