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Beach Energy Ltd

ASX:BPT
A$0.835Close 7 Oct 2026 · delayed

Past year: ▼ 33%(83.5c – 1.29 AUD)

Market cap
A$1.90bn
Shares on issue
2.28bn
In-ground value
A$2.78bn
Risked multiple
0.52×
Story beats
539 since 2006
Last event
6 Aug 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

27 Jan 2006drilling progress report▼ Bad

Enterprise Energy reports Udacha-1 at 2370 m in the Patchawarra, with only 57 m drilled in 48 hours due to difficult drilling conditions. Routine progress.

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23 Jan 2006drilling progress report▼ Bad

Manta-2 casing parted at about 163 m after reaching 971 m, so the well was plugged and a new path started, adding about 5 days. This delays the 35-day Manta-2 program that began 17 January (Beach 50%). Basker production resumed at about 8,000 bpd.

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23 Jan 2006drilling progress report● Neutral

Great Artesian reports Udacha-1 at 2188 m in the Nappamerri Formation, repeating Beach's update. It restates the prospect's up to 2.3 MMbbl oil or 10.5 BCF gas (P10) potential. Routine progress.

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18 Jan 2006drilling spud● Neutral

Beach confirms Manta-2 spudded 17 January 2006, the second of five wells to develop Basker-Manta (Beach 50%). It is expected to take about 35 days; Basker-3, 4 and 5 follow with the same rig.

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18 Jan 2006drilling spud▲ GoodMajor

Anzon says Manta-2 development well spudded 17 January, starting full field development of Basker-Manta (Beach 50%). Once all wells are done, peak output could reach 35,000 bopd. Manta-2 is due to complete mid-February.

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12 Jan 2006drilling progress report● Neutral

Great Artesian's copy of the Udacha-1 report: 468 m, drilling ahead, with surface casing planned near 750 m. Nothing new beyond the operator's update.

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