BRIEF-Beach Energy Says Qtrly Production Up 4% Quarter-On-Quarter

Reuters04-24

April 24 (Reuters) - Beach Energy Ltd :

* QTRLY PRODUCTION UP 4% QUARTER-ON-QUARTER TO 4.5 MMBOE

* FY24 PRODUCTION GUIDANCE REVISED TO 18.0 - 18.5 MMBOE

* BEACH ENERGY LTD SEES FY24 CAPITAL EXPENDITURE TOWARD UPPER-END OF A$900 - 1,000 MILLION GUIDANCE RANGE

* IN OTWAY BASIN, REMAIN ON TRACK TO ACHIEVE TARGET OF FIRST GAS BEFORE END OF THIS FY

* QTRY TOTAL SALES VOLUMES OF 4,841 KBOE WERE 21% BELOW PRIOR QUARTER

* QTRLY TOTAL SALES REVENUE OF A$392 MILLION WAS 28% BELOW PRIOR QUARTER

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