Beetaloo Energy Australia Ltd (EEGUF) SEAAOC Conference 2026 Presentation
Beetaloo Energy Australia Limited (ASX:BTL) (OTCMKTS:EEGUF) has provided a Company Presentation for the SEAAOC Conference 2026, outlining progressing its Carpentaria Pilot Project in the Beetaloo Basin, Northern Territory, with first appraisal gas sales targeted for Q4 2026.
Highlights
- Carpentaria Pilot Project targeting first appraisal gas sales in Q4 2026 under a binding 10-year Northern Territory Government Gas Sales Agreement.
- Carpentaria Gas Plant installation on schedule, within budget and with no reportable incidents.
- Carpentaria-5H delivered a peak gas flow rate of more than 14 TJ/day and a 30-day average rate of 6.9 TJ/day.
- 236 kilometres of 2D seismic acquired in the Western Beetaloo during Q3 2026; processing under way.
- Beetaloo Digital progressing following Northern Territory Government exclusivity over 185 hectares at Weddell and non-binding MOUs with Halliburton and AGIG.
The Carpentaria Pilot Project is targeting first production under a binding, CPI-linked 10-year Gas Sales Agreement with the Northern Territory Government. The agreement provides for gas sales of up to 25 TJ/day during the pilot phase.
Beetaloo Energy's wholly owned Carpentaria Gas Plant is being installed to process appraisal gas from Carpentaria-2H, Carpentaria-3H and Carpentaria-5H. Installation is on schedule, within budget and with no reportable incidents.
Carpentaria-5H was completed with 67 fracture stages across a 2,955-metre horizontal section. The well delivered a peak gas flow rate of more than 14 TJ/day and a 30-day average rate of 6.9 TJ/day, with a low rate of decline and improving gas-to-water ratio.
Pipeline compression is planned to increase pilot-phase capacity to up to 25 TJ/day. Beetaloo Energy is targeting sales of up to 25 TJ/day in 2027.
The Company has also completed the acquisition of 236 kilometres of 2D seismic across its 100%-owned Western Beetaloo permits, EP167 and EP168, during Q3 2026. Processing is under way.
Beetaloo Energy holds a 100% interest in approximately 3 million net effective Beetaloo acres containing more than 46 TCFe of 2U prospective gas resources and more than 1.6 TCF of 2C contingent gas resources, with less than 1% CO2.
As at 30 June 2026, Beetaloo Energy had A$63.3 million cash and A$124.9 million of available liquidity, including A$61.5 million of undrawn funding under Macquarie facilities. An upsized A$45 million Midstream Infrastructure Facility with Macquarie Bank is funding the Carpentaria Gas Plant.
*To view the presentation, please visit:
https://abnnewswire.net/lnk/QH3IDB3P
Media and Investor Enquiries Nick Kell E: info@beetalooenergy.com T: +61-2-9251-1846 WWW: www.beetalooenergy.com
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