Beach Energy (ASX: BPT) eyes first gas production from Waitsia Gas Plant in Q4FY24.

Mon 29 Apr 24, 02:06 AM | Team Kalkine

Image source: © Zorandim | Megapixl.com

Highlights

Beach Energy Limited (ASX: BPT) headquartered in Adelaide, South Australia, is an ASX-listed firm. Established in 1961, Beach Energy engages in oil and gas exploration and production. Presently, the company operates in five basins spanning Australia and New Zealand, contributing to its oil and gas production activities. Moreover, the firm is engaged in undertaking exploration drilling in the Cooper and Perth Basin.

Major projects of BPT are near completion. Construction work is advancing at the Waitsia Gas Plant and the first gas is expected in CY2024. Furthermore, the first gas is targeted at the Enterprise well site in the Otway Basin in the fourth quarter of the financial year 2024 (4QFY24).

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