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Beetaloo Energy Launches A$66.3 Million Equity Raise to Advance Carpentaria Gas Project
10:52am on Friday 10th of April, 2026 AEST
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Energy
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Beetaloo Energy Launches A$66.3 Million Equity Raise to Advance Carpentaria Gas Project
10:52am on Friday 10th of April, 2026 AEST
Key Points
A$66.3 million equity raise via placement and share purchase plan at A$0.28 per share
Funds to complete Carpentaria Gas Plant and support flow testing, seismic acquisition, and working capital
Carpentaria Pilot Project targets first gas sales in Q4 2026 under binding NT Government gas sales agreement
Large unconventional gas resource in Beetaloo Basin with >46 TCFe prospective resources
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Beetaloo Energy Australia (ASX:BTL)
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