General Announcement::Offshore Otway Basin Joint Venture with 3D Oil

Issuer & Securities

Issuer/ Manager
BEACH ENERGY LIMITED
Securities
BEACH ENERGYA$150M3.95%N170403 - XS0766381528 - 2AYB

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
16-Jun-2014 10:19:22
Status
New
Announcement Sub Title
Offshore Otway Basin Joint Venture with 3D Oil
Announcement Reference
SG140616OTHRGAHX
Submitted By (Co./ Ind. Name)
Cathy Oster
Designation
Company Secretary
Effective Date and Time of the event
16/06/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Beach has acquired a 20% interest in the T/49P offshore exploration permit in the Otway Basin from 3D Oil Limited. The interest will be acquired for $3 million and supports a broader portfolio strategy for the Otway Basin, both onshore and offshore.

Attachments

039_14_Final_3D_Offshore_Otway_160614.pdf
Total size =480K