Beach Energy Limited

Equities

BPT

AU000000BPT9

Oil & Gas Exploration and Production

Market Closed - Australian S.E. Other stock markets 02:10:13 2024-05-09 am EDT			5-day change	1st Jan Change
1.625 ^AUD	+2.52%		+4.50%	+1.56%

Apr. 25	JPMorgan Upgrades Beach Energy to Overweight from Neutral, Price Target is AU$1.85	MT
Apr. 24	Beach Energy Revises FY2024 Production Guidance to 18-18.5 Million Barrels of Oil Equivalent	MT

Beach Energy : A$150,000,000 3.95% Unsecured Convertible Notes due 2017

September 11, 2014 at 02:21 am EDT

For Immediate Release - 12 September 2014

Ref. #066/14

ASX Ltd/SGX Singapore Exchange Ltd Companies Announcement Office Electronic Lodgement System

NOTICE BEACH ENERGY LIMITED ("ISSUER") A$150,000,000 3.95% SENIOR UNSECURED CONVERTIBLE NOTES DUE 2017 ("NOTES") (ISIN: XS0766381528)

Pursuant to Conditions 6(b) and 17 of the terms and conditions of the Notes, set out in Trust Deed dated 3 April 2012 between the Issuer and Citicorp International Limited constituting the Notes ("Trust Deed"), notice is hereby given to the Noteholders that in connection with the dividend announced by the Issuer on 25 August 2014, the Conversion Price of the Notes has been adjusted pursuant to Condition 6(b) from A$1.910 per Ordinary Share to A$1.88 with effect from 3 September 2014.

Words and expressions defined in the Conditions shall have the same meaning when used in this announcement.

Glenn Davis Reg Nelson

Chairman Managing Director
Beach Energy Limited Beach Energy Limited

Page 1

distributed by

Latest news about Beach Energy Limited

JPMorgan Upgrades Beach Energy to Overweight from Neutral, Price Target is AU$1.85	Apr. 24	MT
Beach Energy Revises FY2024 Production Guidance to 18-18.5 Million Barrels of Oil Equivalent	Apr. 23	MT
Jarden Adjusts Beach Energy Price Target to AU$1.70 from AU$1.90, Keeps at Overweight	Apr. 08	MT
Beach Energy's Waitsia Gas Plant Faces Further Delay, Higher Costs; Shares Plummet	Apr. 08	MT
News Highlights : Top Energy News of the Day - Monday at 11 AM ET	Apr. 08	DJ
Canaccord Genuity Downgrades Beach Energy to Sell From Hold; Price Target is AU$1.61	Apr. 08	MT
Gold, IT stocks buoy Aussie shares; traders assess US jobs data	Apr. 08	RE
Financials lead gains on the Australian bourse	Apr. 07	RE
Beach Energy Raises Capex Forecast for Waitsia Stage 2 Project, First Gas Delayed	Apr. 07	DJ
Goldman Upgrades Beach Energy to Neutral from Sell, Price Target at AU$1.90	Apr. 01	MT
Beach Energy Laying Off 30% of Workforce	Mar. 28	MT
Australia's Beach Energy to cut 30% jobs in cost-saving move, shares jump	Mar. 27	RE
Beach Energy Limited Appoints Sally Martin as an Independent Non-Executive Director	Mar. 11	CI
News Highlights : Top Energy News of the Day - Wednesday at 4 AM ET	Feb. 14	DJ
News Highlights : Top Energy News of the Day - Wednesday at 12 AM ET	Feb. 14	DJ
News Highlights : Top Energy News of the Day - Tuesday at 4 PM ET	Feb. 13	DJ
News Highlights : Top Energy News of the Day - Tuesday at 11 AM ET	Feb. 13	DJ
Healthcare Losses Drag Down Australian Shares	Feb. 12	MT
Beach Energy Shares Rise Nearly 4% as Fiscal H1 Revenue Climbs; Swings to Net Loss, Narrows Production and CapEx Guidance	Feb. 12	MT
Transcript : Beach Energy Limited, H1 2024 Earnings Call, Feb 12, 2024	Feb. 11
Beach Energy Swings to Net Loss in Fiscal H1; Narrows Fiscal Year 2024 Production, CapEx Guidance	Feb. 11	MT
Beach Energy Limited Reports Earnings Results for the Half Year Ended December 30, 2023	Feb. 11	CI
News Highlights : Top Energy News of the Day - Friday at 4 PM ET	Feb. 09	DJ
Newport Exploration Notes Q2 Activities Report From Australia-listed Beach Energy	Jan. 26	MT
Beach Energy's Production Volume Falls in Fiscal Q2; Shares Rise 3%	Jan. 24	MT

Chart Beach Energy Limited

Duration

Period

More charts

Company Profile

Beach Energy Limited is an Australia-based oil and gas exploration and production company. The Company has operations in South Australia, Victoria, Western Australia and New Zealand. In South Australia, it operates Cooper/Eromanga Basin and Otway Basin South Australia. It operates Otway Basin Victoria and Bass Basin in Victoria. It operates Perth Basin in Western Australia. It operates Taranaki Basin in New Zealand. The Otway Basin Victoria is an onshore and offshore basin which extends approximately 500 kilometers from Cape Jaffa in South Australia to north-west Tasmania. The Company has around 33% ownership interest in the Moomba Carbon Capture & Storage (CCS) Project, operated by its joint venture partner Santos. Its Enterprise Project is a program to develop additional offshore natural gas reservoirs in the Victorian Otway Basin. Its Perth Basin operations consist of the Waitsia project (operated by Mitsui E&P Australia) and Beharra Springs (operated by Beach Energy) projects.

Sector

Oil & Gas Exploration and Production

Calendar

2024-08-11 - Q4 2024 Earnings Release

Related indices

S&P/ASX 200

More about the company

Income Statement Evolution

More financial data

Ratings for Beach Energy Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.585 AUD

Average target price

1.898 AUD

Spread / Average Target

+19.75%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

	1st Jan change	Capi.
BEACH ENERGY LIMITED	+1.56%	2.38B
CHEVRON CORPORATION	+9.98%	300B
CONOCOPHILLIPS	+6.87%	144B
CNOOC LIMITED	+53.23%	125B
CANADIAN NATURAL RESOURCES LIMITED	+22.82%	82.47B
EOG RESOURCES, INC.	+7.98%	74.61B
PIONEER NATURAL RESOURCES COMPANY	+19.90%	63B
OCCIDENTAL PETROLEUM CORPORATION	+7.94%	56.46B
HESS CORPORATION	+10.41%	48.42B
DIAMONDBACK ENERGY, INC.	+31.55%	36.24B

Other Oil & Gas Exploration and Production