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Beetaloo Energy Australia Limited (ASX:BTL)

ALERT: Price-sensitive ASX Announcement for BTL
Current share price for BTL : $0.270 -0.015 (-5.26%)+
Announcement
Release
11 Dec 2025 8:46AM
Price at Release
$0.285
Full Release
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Summary
Beetaloo Energy Australia Limited has made a Final Investment Decision (FID) for the Carpentaria Pilot Project. This decision follows an agreement with the Northern Land Council, approval of NT environmental permits, and a 2024 Gas Sales Agreement with the NT Government. The project involves the construction of the Carpentaria Gas Plant and associated infrastructure, and plans to start gas sales from EP187 in 2026. The company holds significant tenements in the Northern Territory and is moving forward with civil construction and upgrades using internal resources.
Key Points
  • Agreement with Northern Land Council for gas sale in EP187.
  • Receipt of NT environmental approvals for Carpentaria Pilot Project.
  • 2024 Gas Sales Agreement with the NT Government.
  • Approval for Beneficial Use of Test Gas by the NT Government.
  • Final Investment Decision for Carpentaria Pilot Project.
  • Beetaloo Energy holds significant exploration tenements in Northern Territory.
  • The project will commence gas sales from EP187 in 2026.
  • Civil construction and upgrade works on the Carpentaria Gas Plant have begun.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.