How it started
History
Beach was established in 1961, but was a very minor player in the energy sector in its early years. After eventually making discoveries in the Cooper Basin, Beach now holds interests in five producing basins across Australia and New Zealand, including the Cooper Basin, Bass Basin, Otway Basin, Perth Basin and Taranaki Basin.
In 2014, Beach Energy was the largest onshore oil producer in Australia.
In March 2015, it was announced that incoming Beach Energy managing director, Rob Cole, would assume leadership of the company three months earlier than expected, after freeing himself of commitments at his previous firm, Woodside Energy.
In November 2016, Beach Energy announced a Western Flank oil discovery within the Poolowanna Formation of the Eromanga Basin, in ex PEL 91 (Beach 100%).
In September 2017, Beach Energy announced it would acquire Lattice Energy from Origin Energy for $1.585 billion, significantly increasing the company's operations portfolio.
From Wikipedia’s article on Beach Energy, shared under CC BY-SA 4.0.2