OPERATIONS

Beach Energy faces $200m cost blowout and production delay on Waitsia Stage 2

Additional costs and delays could lead to a project price tag of $650 million.

Concept image of Waitsia Stage 2 project. Images supplied by Beach Energy.

Concept image of Waitsia Stage 2 project. Images supplied by Beach Energy.

Beach Energy (ASX: BPT) has issued a sobering proclamation regarding the burgeoning costs and elongated production timeline plaguing its beleaguered Waitsia Stage 2 gas development venture in the Perth...

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