Beach Energy Limited (BPT) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.134 I would now like to hand the conference over to Mr. 00:00:02.134 -- 00:00:05.660 Brett Woods, Managing Director and Chief Executive Officer. 00:00:05.660 -- 00:00:08.041 Please go ahead. 00:00:09.065 -- 00:00:14.795 Good morning, everyone, and welcome to Beach Energy's FY25 half-year results presentation. 00:00:14.795 -- 00:00:19.262 Joining me today is Anne-Marie Barbaro, our Chief Financial Officer. 00:00:19.262 -- 00:00:22.847 Together, we will take you through our half-year results and provide an update on the 00:00:22.847 -- 00:00:25.572 outlook for the remainder of FY25 00:00:25.572 -- 00:00:27.976 before we open up the Q&A. 00:00:27.976 -- 00:00:31.440 Before I begin, I'd like to acknowledge the hard work and dedication of the entire BEACH 00:00:31.440 -- 00:00:36.825 team. You'll recall that we announced our strategic review towards the end of last financial 00:00:36.825 -- 00:00:41.950 year, and since then we've been extremely busy with the organisational reset and implementing 00:00:41.950 -- 00:00:47.116 a range of strategic initiatives while keeping focused on safe delivery of operations 00:00:47.116 -- 00:00:49.358 and major projects. 00:00:49.358 -- 00:00:53.262 Today is pleasing to announce a set of results which reflects initial outcomes from that 00:00:53.262 -- 00:00:58.343 strategic review. I believe the results demonstrate good, solid progress and early signs 00:00:58.343 -- 00:01:03.389 of what is ahead for beach. Production growth, cost reductions and increases in 00:01:03.389 -- 00:01:06.774 earnings, cash flow and dividends are key themes for today. 00:01:06.774 -- 00:01:08.496 Importantly, 00:01:08.496 -- 00:01:14.040 we have achieved these results with outstanding safety and environmental performance. 00:0...