Capital Raise Presentation

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Stock BTL.ASX (BTL.ASX)
Release Time 10 Apr 2026, 10:32 a.m.
Price Sensitive Yes
 Beetaloo Energy Announces Capital Raise Presentation
Key Points
  • Substantial gas resource in the Beetaloo Basin with 46 TCFe 2U prospective resources and 1.6 TCF 2C contingent resources
  • Strategic market access to supply domestic and international gas markets
  • Near-term production with clear commercialization pathway, targeting first gas sales in 2026
Full Summary

Beetaloo Energy is an ASX-listed upstream gas company focused on appraising and developing unconventional gas resources in the Beetaloo Basin in the Northern Territory, Australia. The company holds a 100% interest in approximately 3 million net effective Beetaloo acres, containing over 46 TCFe 2U prospective resources and 1.6 TCF 2C contingent resources with less than 1% CO2. Beetaloo Energy is strategically positioned to supply both domestic gas markets and Asian LNG demand via existing and planned infrastructure. The company is targeting first gas sales in 2026 through the Carpentaria Pilot Project and has secured a gas sales agreement with the Northern Territory Government. Beetaloo Energy has accelerated its development with highly encouraging well clean-up results, including the Carpentaria-5H well, which delivered 67 fracture stages across a 2,955m horizontal section and achieved a peak gas flow rate of 11.2TJ/day during clean-up. The company has also secured a $45 million Midstream Infrastructure Facility with Macquarie Bank to develop the Carpentaria Gas Plant. Beetaloo Energy's strategic vision includes a Phase 2 Domestic Gas Project targeting ~200TJ/d to supply the Australian east coast, and a Phase 3 Full Field Development - LNG project targeting ~1 BCF per day to supply the LNG export market.

Guidance

Beetaloo Energy is targeting first gas sales of up to 25TJ/d through the Carpentaria Pilot Project in 2026.

Outlook

Beetaloo Energy is well-positioned to unlock a world-class gas resource and supply both domestic and international gas markets. The company's strategic vision includes a Phase 2 Domestic Gas Project targeting ~200TJ/d and a Phase 3 Full Field Development - LNG project targeting ~1 BCF per day.