Beetaloo Energy Australia Ltd Q3 2026 Quarterly Activities Report
Key points
- Carpentaria-5H IP30 flow test completed, achieving peak flow rate exceeding 14 TJ/day
- Carpentaria Gas Plant construction progressing, on track for Q4 2026 commissioning
- Beetaloo Digital launched with land grant for integrated gas-to-power and data centre development
- Received FY2025 R&D Tax Incentive refund of $19.4 million
- Total liquidity at end of Q3 2026 was $113.2 million
Full summary
Beetaloo Energy Australia Ltd's Q3 2026 report highlights significant progress across multiple fronts. The Carpentaria-5H flow test achieved a peak flow rate exceeding 14 TJ/day, reinforcing confidence in the gas resource. Construction of the Carpentaria Gas Plant is on schedule for commissioning in Q4 2026. The acquisition of the Western Beetaloo Birdum Creek 2D Seismic Survey supports future horizontal well planning. Beetaloo Digital was launched following the grant of exclusivity over 185 hectares at Weddell for a proposed integrated gas-to-power and data centre development. Non-binding Memoranda of Understanding were signed with Halliburton and Australian Gas Infrastructure Group to progress technical and infrastructure assessments. The Company also received its FY2025 Research and Development Tax Incentive refund of $19.4 million, further strengthening liquidity. Total liquidity at the end of the quarter was $113.2 million.
Outlook
Beetaloo Energy remains confident in the potential of its gas resources and the upcoming first pilot gas sales from the Carpentaria Pilot Project.
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