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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Beach Energy Limited | ASX:BPT | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.045 | -2.88% | 1.515 | 1.665 | 1.38 | 1.555 | 1.515 | 1.545 | 6,433,030 | 07:03:04 |
From Jul 2019 to Jul 2024
Beach Petroleum Ltd. (BPT.AU) said Wednesday it could start producing oil in Egypt in the first half of 2010 after it experienced promising flow rates from a development well in the Gulf of Suez.
Beach said the NS377-3 oil field development well in the North Shadwan block flowed at rates of 1,400 barrels of oil per day, which it said points to likely production of 1,500 to 2,000 bopd.
"The North Shadwan project is on target to achieve first production by the June quarter of 2010," Chief Executive Officer Hector Gordon said in a statement.
Beach holds 20% in the block along with operator BP PLC (BP).
-By Ross Kelly, Dow Jones Newswires; 61-2-8235-2957; ross.kelly@dowjones.com
1 Year Beach Energy Chart |
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