BEACH Energy saw a steep fall in profit and revenue for the first half of financial 2021 thanks to a 40% lower realised oil price, which worked out at a 53% slump in profit over the prior period, from A$274 million to $129 million.
The Otway Gas Plant
Production for the six months was steady at 13 million barrels of oil equivalent. Its Cooper Basin Western Flank oil fields also declined at higher than expected rates, which has contributed...
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