Beach Energy Produces First Gas from Thylacine West Wells

MT Newswires Live

2024/10/25

Beach Energy (ASX:BPT) produced the first gas from the Thylacine West 1 and 2 wells in the Otway Basin between South Australia and Victoria, according to a Friday filing with the Australian bourse.

The wells were connected to the Otway gas plant via a subsea pipeline and are expected to contribute to the gas supply on the eastern coast of Australia, the filing said.

The company's shares were up almost 1% in recent Friday trade.

Price (AUD): $1.32, Change: $+0.01, Percent Change: +0.76%

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