Beach Energy Ltd

BPT: XASX (AUS)

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Beach Energy: Sale of Otway Basin Exploration Permit Including Artisan Discovery

Mark Taylor

May 25, 2026

Midsized Australian oil and gas company Beach has agreed to sell its entire 60% interest in Otway Basin permit VIC/P43, which contains Artisan gas discovery. Artisan was considered a promising tie-in opportunity for existing infrastructure, though it required capital-intensive subsea development.

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Beach Energy Ltd

Beach Energy: Sale of Otway Basin Exploration Permit Including Artisan Discovery

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