| Reserves
Beach's Proved and Probable recoverable reserves as at 1 July 2009 were 66 million barrels of oil equivalent (mmboe) and Contigent resources were 293 million barrels of oil equivalent (mmboe).
| Area |
Proved and Probable Reserves
|
|
Oil (mmb)
|
Gas Liquids (mmboe)
|
Sales Gas & Ethane (PJ)
|
Oil Equivalent (mmboe)
|
| Cooper/Eromanga Basin |
14.3
|
7.4
|
228
|
61
|
| Gippsland Basin |
2.4
|
-
|
-
|
2.4
|
| Egypt |
2.2
|
-
|
-
|
2.2
|
| TOTAL |
18.8
|
7.4
|
228
|
66
|
| Area |
Contingent Resources
|
|
Oil (mmb)
|
Gas Liquids (mmboe)
|
Sales Gas & Ethane (PJ)
|
Oil Equivalent (mmboe)
|
| Cooper Basin - Conventional |
-
|
24.4
|
347
|
84
|
| Cooper Basin - Unconventional |
-
|
13.6
|
962
|
179
|
| Other Resources |
5.2
|
3.2
|
126
|
30
|
| TOTAL |
5.2
|
41.2
|
1435
|
293
|
| Date |
Proved and Probable Reserves (mmboe) |
Contingent Resources (mmboe) |
| 30-Jun-01 |
1 |
- |
| 30-Jun-02 |
3.8 |
- |
| 30-Jun-03 |
4.5 |
- |
| 30-Jun-04 |
4.3 |
- |
| 30-Jun-05 |
10.8 |
- |
| 30-Jun-06 |
36.2 |
- |
| 30-Jun-07 |
89.6 |
- |
| 30-Jun-08 |
145.2 |
- |
| 30-Jun-09 |
66 |
293 |
Note:
| |
 |
Cooper/Eromanga Reserves are determined on the basis of Operators' assessments. |
Production
Beach holds interests in production joint ventures in the Cooper/Eromanga Basin and the Basker-Manta-Gummy Joint Venture (offshore Gippsland Basin). Tipton West Joint Venture in the Surat Basin production reflects financial year to 20 May 2009 when the asset was sold.
Beach's share of production during the 2008/09 financial year totaled 9.6 million barrels of oil equivalent.
| Product |
Area |
Net Prodn FY09 |
| Oil (million bbls) |
Cooper & Eromanga Basins |
2.5 |
| |
Gippsland Basin |
0.8 |
| |
Total Oil |
3.3 |
| Sales Gas (PJ) |
Surat Basin* |
3.4 |
| Sales Gas & Ethane (PJ) |
Cooper Basin |
28 |
| LPG (kt) |
Cooper Basin |
52 |
| Condensate ( million bbls) |
Cooper Basin |
0.4 |
| TOTAL OIL & GAS ( million boe) |
9.6 |
* Surat Basin interest asset sold 20 May 2009
The reports were compiled by Tony Lake, a full-time employee of Beach Energy Limited, who is qualified in accordance with ASX listing rule 5.11 and has consented to the statements based on this information and to the form and context in which these statements appear.
|