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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.

6 Feb 2006drilling progress report● Neutral

Great Artesian reports Udacha-1 at 2728 m total depth. Logs show several potential hydrocarbon zones, but the test over 2482.5-2488 m was aborted by tool malfunction; a re-run is possible.

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6 Feb 2006drilling progress report● Neutral

Enterprise Energy reports Udacha-1 reached 2728 m on 4 Feb; wireline logs indicated hydrocarbon-bearing zones in the Permian. The DST over 2482.5-2488 m was aborted by tool malfunction; a re-run is being considered.

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6 Feb 2006production update● Neutral

Anzon reports Manta-2A drilled to 2715 m, with casing being run and total depth planned at about 3100 m. Basker-2 has produced 412,645 barrels since commissioning on 14 Nov 2005, averaging 6,550 bopd; 175,584 barrels in January.

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6 Feb 2006well test result● Neutral

Udacha-1 reached total depth of 2728 m; logs showed a possible hydrocarbon zone, but a DST over 2482.5-2488 m was aborted when the tool malfunctioned. A re-run is under consideration. No test result yet.

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3 Feb 2006drilling progress report● Neutral

Great Artesian's report: Udacha-1 at 2644 m drilling ahead in the Tirrawarra Sandstone. Both DST attempts over 2605-2628 m failed because of fill in the hole; the zone will be judged from wireline logs after drilling to total depth.

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3 Feb 2006drilling progress report● Neutral

Beach reports Udacha-1 at 2644 m, drilling ahead in the Tirrawarra Sandstone. DST-1 over 2605-2628 m was aborted for poor hole conditions, so that zone will be evaluated after logging.

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3 Feb 2006well test result▼ Bad

The second attempt at DST-1 on Udacha-1 was also aborted due to hole condition. The well is drilling on at 2644 m, and the gas-showing sands will be judged from wireline logs, with testing decided afterwards.

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2 Feb 2006drilling progress report▼ Bad

Magellan's weekly report: Udacha-1 at 2628 m; DST was aborted after two attempts due to poor hole conditions. The plan is to drill to the programmed 2775 m and run wireline logs.

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2 Feb 2006drilling progress report● Neutral

Enterprise Energy reports Udacha-1 at 2628 m, running in to retry DST-1 on two sands with elevated gas readings, after a wiper trip fixed hole conditions. Routine progress.

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2 Feb 2006drilling progress report● Neutral

Great Artesian reports Udacha-1 at 2628 m, running back in to retry DST-1 after the first attempt was aborted for tight hole and a wiper trip. Routine progress.

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1 Feb 2006well test result▼ Bad

DST-1 at Udacha-1 was attempted but aborted because fill at the bottom of the hole stopped the tools reaching the interval. No test result yet; a wiper trip is under way to clean the hole.

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31 Jan 2006drilling progress report● Neutral

Enterprise Energy reports Udacha-1 at 2628 m, pulling out to run DST-1 later that day over sands with elevated gas readings. Routine progress.

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30 Jan 2006drilling progress report● Neutral

Enterprise Energy reports Udacha-1 at 2628 m, conditioning the hole before a drill stem test over 2605-2628 m, expected 31 January. Routine progress.

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30 Jan 2006drilling progress report● Neutral

Manta-2A, the replacement for the failed Manta-2 well, started 23 January and is at 1665 m with surface casing set at 985 m. Drilling continues toward about 2700 m (Beach 50%).

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30 Jan 2006drilling progress report▲ Good

Great Artesian reports Udacha-1 at 2628 m, with two Patchawarra sandstones showing elevated gas readings and fluorescence, prompting DST-1 over 2605-2628 m. Early signs only, not a result.

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30 Jan 2006other▲ Good

Media release on the December quarterly: record 342 kbbl quarterly production and half-year production of 591 kbbl, with half-year oil sales revenue of A$45.7m versus A$29.0m a year earlier. Half-year results are expected by mid-March. Repeats the quarterly report.

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30 Jan 2006drilling progress report● Neutral

Beach reports Udacha-1 at 2628 m, conditioning the hole before DST-1 over 2605-2628 m in the Patchawarra, expected the next morning. Routine progress.

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27 Jan 2006drilling progress report● Neutral

Rawson's weekly report: Udacha-1 at 2370 m in the Patchawarra Formation. Rawson pays 20% of costs to earn 10% of any production licence. Routine progress.

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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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