Morgan Stanley Australian Next Leaders Conference
Positioned for Growth
APPEA 2016 Conference and Exhibition June 2016
Disclaimer
This presentation contains forward looking statements that are subject to risk factors associated with oil, gas and related businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including, but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delays or advancements, approvals and cost estimates.
All references to dollars, cents or $ in this presentation are to Australian currency, unless otherwise stated. References to "Beach" may be references to Beach Energy Limited or its applicable subsidiaries.
Unless otherwise noted, all references to reserves and resources figures are as at 30 June 2015 and represent Beach's share.
Qualified petroleum reserves and resources evaluator statement
The reserves and resources information in this presentation is based on, and fairly represents, information and supporting documentation prepared by, or under the supervision of, Mr Tony Lake (Manager Cooper Gas). Mr Lake is an employee of Beach Energy Limited and has a BE (Mech) degree from the University of Adelaide and is a member of the Society of Petroleum Engineers (SPE). The reserves and resources information in this presentation has been issued with the prior written consent of Mr Lake in the form and context in which it appears.
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Strong balance sheet
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Core business generating material free cash flow
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Proven low cost operator
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Strategic review and organisational design complete
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Proven M&A growth and integration capabilities (Drillsearch)
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Rigorous framework for assessing investment opportunities
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Strict focus on capital allocation and shareholder returns
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"Lower for longer" commodity outlook creates inorganic growth opportunities
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Company Overview