The two Thylacine West wells are approximately 70 kilometres offshore from Port Campbell in Victoria at a depth of about 100 metres and will deliver much-needed natural gas to the East Coast market.
Managing Director and CEO Brett Woods said:
natural gas from these two wells will be delivered entirely to the domestic market and provide the East Coast with a much-needed, secure and stable supply of energy for homes, businesses, manufacturing and industry;
with the market regulator AEMO continuing to forecast natural gas supply shortfalls on the East Coast in the near-term, first gas from Thylacine West brings critical natural gas to market which supports Beach’s vision to become Australia’s leading domestic energy company.
Beach is progressing plans for the next phase of the offshore Victoria drilling to deliver further natural gas supply to the East Coast market.
Beach is currently undertaking consultation for the preparation of two Environment Plans (the Drilling EP and the Well Completions and Interventions EP).
