Beach Energy (ASX:BPT) has released its guidance for FY24, anticipating production to range between 18.0 - 21.0 MMBOE.

The company is also expecting a capital expenditure between A$850 - A$1,000 million for FY24.

Additionally, they are anticipating a one-off expense item of A$65 million, which may be incurred due to the delay in the timing of the first gas production from the Waitsia Stage 2 project.

Beach Energy is an Australian oil and gas exploration and production company.