InvestSMART

Beetaloo Energy Australia Limited (ASX:BTL)

ALERT: Price-sensitive ASX Announcement for BTL
Current share price for BTL : $0.240 -0.03 (-11.11%)+
Announcement
Release
22 Dec 2025 9:40AM
Price at Release
$0.270
Full Release
download
Summary
Beetaloo Energy Australia Limited has released an update on the Carpentaria-5H clean-up flow test, reporting a peak gas flow rate of 11.2 TJ/day and a steady average rate of 7.1 TJ/day over the test period, with an exit flowrate of 6.3 TJ/day. The company has implemented advanced flowback methodologies to enhance long-term well productivity, achieving a significant improvement in fracture conductivity. A total of 23% of frac fluid has been recovered during the clean-up, with plans for a second extended production test in Q1 2026. Beetaloo’s strategy indicates a focus on maintaining fracture conductivity and optimizing gas-water ratio, as evidenced by the positive flowback data analysis conducted by Subsurface Dynamics. The Carpentaria Pilot Project is moving forward with all necessary approvals, aiming to begin gas sales into the local NT market in 2026. The company is also advancing the construction of the Carpentaria Gas Plant, with anticipated completion of civil works and gas sales starting later in 2026.
Key Points
  • Carpentaria-5H achieved a peak gas flow rate of 11.2 TJ/day.
  • The average 30-day flow rate was 7.1 TJ/day, with an exit rate of 6.3 TJ/day.
  • Beetaloo is using advanced flowback methodologies for long-term productivity.
  • 23% of frac fluid has been recovered, with a second EPT planned for Q1 2026.
  • The Carpentaria Pilot Project has all necessary approvals.
  • Gas sales are expected to begin in 2026.
  • Construction of the Carpentaria Gas Plant is underway.
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.