Sydney, Australia, Feb 7, 2026 - (ABN Newswire) - Beetaloo Energy Australia Limited (ASX:BTL) (OTCMKTS:EEGUF) achieved significant milestones in 2025, including final investment decision, securing Macquarie Bank funding, completing flow tests on wells C5, C3, and C2, and obtaining ministerial approval and traditional owner consent.
The company is progressing toward commercial gas production in Q3/Q4 2026, with gas plant construction underway and flow testing to resume soon.
The Beetaloo Basin is described as the largest shale gas deposit in the world and could be crucial for Australia's energy security and independence.
The company expects to start generating cash flow at the asset level by the end of 2026.
The gas plant will be relocated from Roma, Queensland to the Northern Territory in April, with construction taking approximately 5 months.
Discussed topics
2025 Achievements
Discussion of the major milestones achieved by Beetaloo Energy in the previous year.
Details
Tim: Highlighted key achievements including final investment decision, Macquarie Bank funding release, flow testing of wells C5, C3, and C2, T-piece installation by NT government, ministerial approval, and traditional owner consent.
Alex Underwood: Confirmed it was a "massive year" with the biggest frack in Australian history (CARP5H), securing traditional owner consent, NT government approvals, and board decision to move into pilot production.
Conclusion
The company successfully completed all necessary approvals and technical milestones to move toward commercial production.
Gas Plant Construction and Flow Testing
Discussion about the current status and plans for the gas plant and well operations.
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About Beetaloo Energy Australia Limited:
Beetaloo Energy Australia Limited (ASX:BTL) (OTCMKTS:EEGUF) holds 28.9 million acres of highly prospective exploration tenements in the McArthur Basin and Beetaloo Sub-basins, Northern Territory. Work undertaken by the Company since 2010 demonstrates that the Eastern depositional Trough of the McArthur Basin, of which the Company holds around 80%, has enormous conventional and unconventional hydrocarbon potential. The Beetaloo Sub-basin, in which Beetaloo Energy holds a substantial position, has world-class hydrocarbon volumes in place and a ramp up in industry activity to appraise substantial discoveries already made by major Australian oil and gas operators is accelerating.
Contact:
Media and Investor Enquiries
Nick Kell
E: info@beetalooenergy.com
T: +61-2-9251-1846
WWW: www.beetalooenergy.com
Source:
Beetaloo Energy Australia Limited
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