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MARKETS

Otway sale barely hits Beach production 

BEACH Energy's quarterly for the period ending September 30 recorded production of 6.55 million barrels of oil equivalent which was 6% down compared with the previous corresponding period but on a pro-forma basis after the Otway transaction represents a 1% rise.

Helen Clark
Beach MD Matt Kay

Beach MD Matt Kay

Beach farmed down 40% of its Otway Basin assets to OG Energy last year, with the transaction completing at the end of May this year.     This quarter's production is also down over the previous quarter...

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