BTL Awarded Prospective Taroom Trough Acreage

• Beetaloo Energy selected as preferred tenderer for PLR2026-1-7
• Joint venture with Amplitude Energy, Xstate Resources, and Eastern States Energy
• 25% non-operated working interest with zero upfront consideration
• Acreage adjacent to Omega Oil and Gas' Canyon play
• Initial work funded from existing cash resources

Beetaloo Energy Australia Limited has been selected as the preferred tenderer for PLR2026-1-7, a highly prospective block in the Taroom Trough, Queensland. Beetaloo Energy will hold a 25% non-operated working interest in a joint venture with Amplitude Energy, Xstate Resources (operator), and Eastern States Energy. The acreage, covering approximately 305 km2, is considered highly prospective for gas, liquids, and oil, and is strategically located adjacent to Omega Oil and Gas' Canyon play. Beetaloo Energy's 25% share of the initial work program, including seismic processing and early exploration activities, can be funded from existing cash resources.