Beach Energy Limited Beach Energy Limited (ASX:BPT) is an ASX-listed oil and gas exploration and production company headquartered in Adelaide, South Australia, and founded in 1961. The company produces and sells hydrocarbon products including wholesale domestic gas supplied into Eastern Australia, Western Australia, and New Zealand; liquified natural gas for global LNG markets; crude oil primarily to Australian refineries with occasional international sales; condensate including light and heavy naphtha to Australian and international refineries; liquified petroleum gas comprising propane, butane, and automix to Australian, New Zealand, and international markets; and carbon dioxide to local processors. Beach Energy operates onshore and offshore assets across five basins in Australia and New Zealand, including the Cooper Basin, Otway Basin, BassGas, Waitsia, Beharra Springs, Xyris, and Kupe, supplying approximately 16% of Eastern Australian domestic gas demand, 2% of Western Australian demand, and 7% of New Zealand demand to energy retailers, power generators, and industrial users. Recent developments include progression of the Waitsia Stage 2 gas project in the Perth Basin, expected to commence production in 2025 and deliver additional domestic gas supply post-2028 alongside LNG exports under a supply agreement with bp; a partnership with Visy to support local industry; and introduction of a new joint venture partner for Otway Basin assets to advance a three-well program.