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Beach Energy Sells Otway Stake for $70M Cash and $140M Royalties

8:21am on Monday 25th of May, 2026 AEST Energy
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Beach Energy Sells Otway Stake for $70M Cash and $140M Royalties

8:21am on Monday 25th of May, 2026 AEST
Key Points
  • Sale of 60% VIC/L35 interest including Artisan discovery
  • $70 million upfront cash plus $140 million production royalty
  • Transaction valued at approximately $130 million after tax
  • More than $500 million capital freed for redeployment
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