BPT beach energy limited

News: BPT Beach Energy delays Waitsia Stage 2 gas production, hikes capex forecast

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    April 8 (Reuters) - Australia's Beach Energy (BPT) said on Monday it expects the first gas production from its Waitsia Stage 2 gas project in early 2025, instead of mid-2024, due to further quality issues.

    The oil and gas explorer also raised its total capital expenditure estimate for the project to A$600 million ($394.14 million) to A$650 million, from A$400 million to A$450 million.

    ($1 = 1.5223 Australian dollars)

 
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