OPINION

Beach skipping M&A drive

BEACH Energy’s managing director Matt Kay is firm on one thing: the company might be headed back to onshore exploration after a period of development and production but it isn’t looking for any new acquisitions despite cash in the bank and an investment climate driving mergers.

Helen Clark

Beach's Otway gas plant

Speaking to analysts after yesterday's comprehensive Investor Briefing Day Kay reaffirmed the company was looking to increase utilisation at its existing gas plant and undertake exploration. Since...

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