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Beach Energy Boosts Production and Cuts Debt Amid Major Project Advances
9:08am on Wednesday 22nd of January, 2025 AEDT
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Energy
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Beach Energy Boosts Production and Cuts Debt Amid Major Project Advances
9:08am on Wednesday 22nd of January, 2025 AEDT
Key Points
22% increase in Bass Basin production from well interventions
32% quarter-on-quarter sales revenue growth to $563 million
Net debt reduced by $166 million to $389 million, net gearing down to 10%
Thylacine West wells brought online, restoring Otway Gas Plant capacity
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