Residents concerned about Beach Energy activities
RESIDENTS living close to Beach Energy’s seismic survey activities have expressed concern over the future of their properties. Beach Energy […]
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RESIDENTS living close to Beach Energy’s seismic survey activities have expressed concern over the future of their properties. Beach Energy […]
BEACH Energy will start seismic surveying next month near Penola in search for gas. The company will survey an area […]
By Raquel Mustillo BEACH Energy will indefinitely suspend operations at the recently redeveloped $22m Katnook Gas Plant next financial year following declining gas volumes at its Limestone Coast wells. In a statement to shareholders, Beach said production in the South Australian Otway Basin had decreased by 23pc – 57 thousand barrels of oil equivalent (kboe) – with shares plummeting 24.1pc pc to $1.28 on Friday – the lowest since November last year. The gas plant, which was funded by a $6m contribution from the Federal Government’s Gas Acceleration Program, was commissioned in Janua...