RE:RE:Dividend halvedThanks for clarifying your statement rad10.
Oil production on Beach's Western Flank is now down 75% from the peak in 2020. Nat gas, LPG, and condensates production are all down +60% from their peak.
Beach's "refresh" is probably more like "let's not spend anything until we see if anything will work." Most of the FY24 holes were duds. There's no point in spending more until something actually works.