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Beetaloo Energy Australia Limited (ASX:BTL)
ALERT: Price-sensitive ASX Announcement for BTL
Current share price for BTL : $0.240 -0.025 (-9.43%)+
Announcement
Release
11 Jun 2026 9:30AM
Price at Release
$0.265
Full Release
Summary
Beetaloo Energy Australia Limited has significantly increased activity in the Beetaloo Basin following the wet season, with advancements in their Carpentaria Pilot Project aimed at progressing towards pilot production. Key developments include the transportation and construction of the Carpentaria Gas Plant, and preparations for the extended production test of Carpentaria-5H. Additionally, exploration activities in Western Beetaloo are intensifying, with seismic acquisition anticipated to delineate future drilling locations. The company is also reinforcing its team to support these operations.
Key Points
- Activity in Beetaloo Basin ramped up after wet season.
- Progressing towards pilot production at Carpentaria Pilot Project.
- Construction of Carpentaria Gas Plant and installation ongoing.
- Extended production test of Carpentaria-5H to commence mid-June.
- Seismic acquisition in Western Beetaloo planned for late June.
- Exploration to delineate >20 TCF resource in Western Beetaloo.
- Team expansion with new hires in operations and compliance.
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.
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