EXPLORATION

Beach braces for Santos cuts

SOUTH Australian Beach Energy expects to get hit by its heavy exposure to two Santos-led joint ventures via Santos' flagged heavy cuts across its business, while conservatively revising its own FY15 guidance range down from $450-500 million to $430-470 million.

Beach braces for Santos cuts

Beach has significant exposure to both the Santos-led South Australia Cooper Basin and South West Queensland joint ventures capital expenditure, prompting Beach to revise its FY15 guidance downwards pending...

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