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Investor Presentaiton

Cooper Basin Overview Key assets include Western Flank (operated and non-operated) and CBJV (non-operated) NT QLD EROMANGA BASIN Cooper basin WA SA NSW Western Flank Oil CE19-0120 COOPER BASIN SA QLD TAS Western Flank Gas PEL 92 ex PEL 91 Bauer ex PEL 111 ex PE 104 ex PEL 106 Middleton Sex PEL 107 To Adelaide To Port Bonython F Moomba NSW To Sydney To Wallumbilla BEACH INTERESTS IN THE COOPER BASIN 0 20 40 60 km. Major oil trunklines Major gas trunklines Oil fields Gas fields Permits Beach non-operated Beach operated Cooper Basin JV beach Cooper Basin has been explored over the past 60 years Few operators active in the Basin over this period • Western Flank play was discovered following large acreage relinquishment in 1999. Its. potential has only been recently unlocked following a change in appraisal strategy · Infrastructure ownership (Western Flank oil/gas and Moomba gas plant) provides secure access to markets Cooper Basin Joint Venture operator Santos is targeting a 10-23% increase in output from 2018 to 2025 15 Beach's Cooper Basin interests span more than 8 million acres with surface infrastructure
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