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ASX ASX Limited (ACN 008 624 691)
ATP Authority to Prospect
Beach Energy or Company Beach Energy Ltd (ACN 007 617 969) and its controlled entities
Board The board of directors of Beach Energy Limited
bbls Barrels
bcf Billion cubic feet (in relation to gas, approximately equal to 1 petajoule of energy)
boe Barrels of oil equivalent
bopd Barrels of oil per day
Chairman Chairman of the Board
DST Drill Stem Test
kboe Thousand barrels of oil equivalent
km Kilometre(s)
Mawson Mawson Petroleum Pty Limited (ACN 009 815 632)
M Mining Lease
m Metre(s)
mcf Thousand cubic feet
MLA Mining Lease Application
mmb Million barrels
mmboe Million barrels of oil equivalent
mscf Thousand standard cubic feet
Native Title The term "native title" refers to those rights held by indigenous inhabitants of Australia at and since the time of European settlement that are recognised by the common law. It differs from conventional land titles and in its nature may vary from group to group according to laws and customs. The Commonwealth Native Title Act 1993 provides statutory recognition and protection for the concept of native title as recognised by the High Court in the case of Mabo v The State of Queensland (1992). Substantial amendments in 1998 make provision inter alia for reaching indigenous land use agreements, the right to negotiate and a new test to be applied in the registration of claims for native title.
PEL Petroleum Exploration Licence
PELA Petroleum Exploration Licence Application
P & A Plugged and Abandoned
PEP Petroleum Exploration Permit
Petajoule/PJ 1x1015 joules (unit of energy)
PL Prospecting Licence
PLA Prospecting Licence Application
PLs Petroleum Leases
PPL Petroleum Production Licence
PRL Petroleum Retention Licence
RL Retention Licence
TCF Trillion cubic feet
Trillion 1x1012
WTI West Texas Intermediate, a type of crude oil often used as a pricing benchmark
3P Recoverable Resource Proved, probable and possible recoverable resource