Cooper Basin JV

Beach's non-operated interest in the Cooper Basin Joint Venture, operated by Santos, producing oil and gas across the Cooper/Eromanga Basin in South Australia and Queensland. FY25 production was 6.0 MMBOE. Net-to-Beach 2P reserves are 46.6 MMBOE (gas 216 PJ, LPG 311 kt, condensate 2.5 MMbbl, oil 4.6 MMbbl), with 82.4 MMBOE of 2C contingent resources; ongoing JV development activity increased the developed proportion of reserves. The Moomba carbon capture and storage project is located within the JV's Cooper Basin footprint.