Beach Energy Limited · ASX:BPT
Beach Energy — Merger or Acquisition (October 2026)
10 slides from Beach Energy's merger presentation, Oct 23, 2026
Slide 1: Beach to materially expand acreage position in the Taroom Trough
Beach Energy Limited (ABN 20 007 617 969) | Level 8, 80 Flinders Street Adelaide, South Australia 5000 GPO Box 175, Adelaide, South Australia 5001 | beachenergy.com.au ASX Announcement For personal use only Beach to materially expand acreage position in the Taroom Trough Reference #054/26 Date 23 Oc
Slide 2: Beach Taroom Trough acreage
Beach Energy Limited | Beach to materially expand acreage position in the Taroom Trough “Elixir had previously published an independently certified 2C Contingent Resource estimate of 3.5 Tcfe (net) For personal use only which spans the stacked plays across the acreage. Alongside other published reso
Slide 3: Transaction overview
Beach Energy Limited | Beach to materially expand acreage position in the Taroom Trough Transaction overview For personal use only Under the Transaction, Beach will acquire half of Elixir’s core Taroom Trough acreage for the following consideration, comprising: • $25 million cash payment payable on
Slide 4: Beach to materially expand acreage position in the Taroom Trough
Beach to materially expand acreage position in the Taroom Trough rsonal use only 23 October 2026 October 26
Slide 5: Compliance statements
Compliance statements Disclaimer Assumptions This presentation contains forward-looking statements, including statements of current intention, opinion and predictions regarding Guidance is uncertain and subject to change. Production and capital expenditure guidance and other forecasts, projections,
Slide 6: Transaction overview
Transaction overview Beach to acquire a material operated interest in the Taroom Trough Transaction overview Strategic operated asset acquired rsonal use only • Beach to acquire half of Elixir’s core Taroom Trough interests, including: • 50% operated interest in ATP 2044 and ATP 2077 A-B; and Low-co
Slide 7: Taroom Trough activities
4 Taroom Trough activities A clear strategy to pursue future resource and reserves growth rsonal use only Initial Elixir farm-in works program • Farm-in to 50% of Elixir’s core acreage and operatorship • Execution of a comprehensive exploration and appraisal program to derisk and mature the resource
Slide 8: Technical and geological comparison
Technical and geological comparison Taroom Trough is one of the most exciting emerging global resource plays, with analogues to successful North American basins Basin comparison rsonal use only Property Taroom East (Canyon) Taroom West (Dunk/Tinowon) Montney (Canada) Bakken (USA) Basin Bowen Basin B
Slide 9: Taroom Trough portfolio and market comparison
Beach Taroom Trough portfolio and market comparison The Elixir farm-in significantly expands existing Beach’s Taroom Trough footprint for a small upfront investment Beach portfolio highlights Taroom net acreage position (km2) rsonal use only • Beach now one of the leading operators in the basin with
Slide 10: Beach Energy Limited contact
BEACH ENERGY LIMITED Level 8, 80 Flinders Street Adelaide SA 5000 Australia T +61 8 8338 2833 F +61 8 8338 2336 rsonal use only beachenergy.com.au INVESTOR RELATIONS Dale Koenders, General Manager Investor Relations & Strategic Advisor to the CFO T +61 8 8338 2833