BUZZ-Australia's Beach Energy up on upbeat quarterly production

Reuters

01/22

** Shares of Beach Energy BPT.AX rise 4.4% to A$1.540, their highest level since July 22

** The oil and gas producer reports second-quarter production of 5 MMboe (million barrels of oil equivalent per day), higher than 4.3 MMboe recorded a year ago

** Citi says co's quarterly production beat the brokerage's estimates

** Co logs quarterly sales revenue of A$563 million ($352.49 million), 32% rise from its previous quarter

** Stock up 7.2% this year, including the day's move

($1 = 1.5972 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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