Australia's Beach books substantial reserves downgrade

Company warns of potential impairments as Western Flank downgrade wipes out about 5% of the company's proven plus probable reserves

Beach Energy: the company has booked a significant reserves downgrade at its Western Flank oil and gas assets — Beach Energy: the company has booked a significant reserves downgrade at its Western Flank oil and gas assetsPhoto: BEACH ENERGY

Josh Lewis

Perth

Australia Beach Energy South Australia Asia & Oceania Oceania

Published 30 April 2021, 01:46Updated 30 April 2021, 15:12