Beach Energy Says Submitted A Counterproposal To Buy All Shares In Warrego For A$0.25 Per Share Cash

Beach Energy Ltd BPT:

• BEACH ADVISES THAT ON 1 DEC 2022 IT SUBMITTED A COUNTERPROPOSAL TO ACQUIRE ALL ISSUED SHARES IN WARREGO FOR A$0.25 PER SHARE CASH

• COUNTERPROPOSAL IS A REVISION TO CASH ELEMENT OF OFFER PRICE ONLY

• THERE ARE NO OTHER CHANGES TO TERMS OF BEACH'S INITIAL PROPOSAL CONTEMPLATED BY SID EXPECT CASH OFFER PRICE