Buoyant Beach buffs up

BEACH Energy is spending less to do more, with the company cutting planned spending this year by up to $15 million but adding eight new wells to its drilling program to offset field decline and get a jump on the oil price recovery.

Buoyant Beach buffs up Buoyant Beach buffs up Buoyant Beach buffs up Buoyant Beach buffs up Buoyant Beach buffs up
The company released new guidance this morning reducing 2016-17 spending from $180-200 million to $170-185 million, but adding in three operated and five non-operated wells.