RE:RE:RE:A little analysis on the Income StatementCan I? Yes. Will I? No.
You can do a search for Beach Energy. Find it and look under ASX Accouncements under Investor Centre. Find the 4th quarter reports (Quarterly Report for the period ended...) for the last two years, this will give you the last Q and FY numbers.
Here are some production numbers:
Western Flank Oil:
FY19 Q1 1,120 kkbl
FY19 Q4 1,459 kkbl
FY19 FY 5,210 kkbl 34 wells drilled
FY20 Q4 2,005 kkbl
FY20 FY 7,488 kkbl 75 wells drilled
FY21 Q1 1,916 kkbl
FY21 Q2 1,741 kkbl
FY21 Q3 1,425 kkbl
FY21 Q4 1,251 kkbl
FY21 FY 6,333 kkbl 21 wells drilled
130 wells drilled over 3 years, production rose and declined. They're only starting out with 3 oil wells in FY22. Beach hasn't shown the production split between properties since 2018, they only show Western Flank Oil.
The Cooper JV numbers are not quite as bad, but is in decline after +200 wells drilled from FY19 through FY21.
Santos Energy only reports half years instead of quarterly, but total mmboe production is flat from FY19 H1 through FY21 H1 after +200 wells drilled over that time frame.
I'm seeing a pattern here.