Beetaloo Energy Australia Limited · ASX:BTL
Beetaloo Energy Australia — SEAAOC Conference Darwin 2025
23 slides from Beetaloo Energy Australia's conference presentation, Sep 3, 2025
Slide 1: Corporate Overview
ASX:BTL Corporate Overview 17th July 2025 SEAAOC Conference Darwin Presentation 3 September 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Beetaloo Energy Australia Limited (“Beetaloo” or the “Company”). The information in this presentation is information of a general nature and is subject to change without notice. The information in this presentation does not purport to be complete, no
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure (29 Aug 25) BTL 12 Month Historic Share Price & Volume (29 Aug25) Shares on issue1 1,237.8M Share price A$0.31 Market cap A$383.7M Debt2 A$19.8M Cash A$27.4M Enterprise value A$376.2M Top Shareholders Pangaea Resources 11.3% Sheffield Holdings (USA) 7.4% Elphinst
Slide 4: The World Needs New LNG Supply
The World Needs New LNG Supply Shell LNG Outlook 2025 indicates structural LNG shortages from 20341 Increasing operational LNG Forecast LNG supply deficit Increasing reliance on LNG in supply shortage from 2025 from 2034 Asia and Europe 1. Shell LNG Outlook 2025, Feb 2025. Beetaloo Energy Australia
Slide 5: Beetaloo Strategically Located Near Asian LNG Markets
Beetaloo Strategically Located Near Asian LNG Markets Australian domestic gas and Asian LNG indices trade at multiples of US Henry Hub prices LNG Tanker Sailing Days to Tokyo Bay1 Gas market/reference US$/GJ US Henry Hub2 3.38 Wallumbilla Hub (East Coast Australia)3 8.10 Wallumbilla premium to Henry
Slide 6: Expanding Connections to Market for Large Gas Volumes
Expanding Connections to Market for Large Gas Volumes Access to Darwin and East Coast LNG processing and export facilities GLNG: two train LNG facility Darwin LNG: single train LNG facility APLNG: multi train LNG facility Ichthys LNG: multi train LNG facility QCLNG: multi train LNG facility APA Grou
Slide 7: Australian East Cost Gas Supply Deficit looming
Australian East Cost Gas Supply Deficit looming East Coast and Northern Territory gas supply shortfall in the near term Forecast East Coast Gas Supply Forecast Northern Territory Gas Shortfall 2028 onwards 1 Supply Shortfall from 2028 2 1. ACCC Gas Inquiry, Interim update on east coast gas market, J
Slide 8: Beetaloo Energy Australia Investment Case
Beetaloo Energy Australia Investment Case Beetaloo Energy is positioned to supply domestic & international gas markets Unlocking the Potential of the Beetaloo Basin Market Opportunity Globally Significant Gas Basin Domestic Gas Sales Agreement Beetaloo Energy has secured a Beetaloo Basin is a global
Slide 9: Strategic Location in the Beetaloo Basin
Strategic Location in the Beetaloo Basin 5 TCF gas pilot ready Carpentaria Project with >20 TCF Western Beetaloo resource Target Formation: • Velkerri Formation - Unconventional shale gas Ownership Interest: • Largest 100% net acreage holder within the Beetaloo Basin • All acreage 100% owned and ope
Slide 10: Thickest Section of the Stacked Play Within Beetaloo Energy Permits
Thickest Section of the Stacked Play Within Beetaloo Energy Permits Combined Thickness of A, Intra A/B, B and C Velkerri Shales • Beetaloo Energy’s project areas located across the thickest section of stacked Velkerri Shale reservoirs in the basin • Carpentaria Project has >300 m gross thickness of
Slide 11: Stacked Play Improves Development Economics
Stacked Play Improves Development Economics Four Stacked Reservoirs Beetaloo Energy’s four Carpentaria-4 Type Section Stacked Play Development Example Depth Gas Saturation stacked shale reservoirs Gamma Ray M (ft) 0 100% are 5x thicker than the prolific Marcellus Shale C Shale (5000) Single Reservoi
Slide 12: Carpentaria Project Has High-Quality, Low CO2 Gas
Carpentaria Project Has High-Quality, Low CO2 Gas Beetaloo Energy’s Carpentaria Project gas composition provides ~10% value uplift over dry gas Carpentaria Project gas has enhanced energy and value driven by its elevated ethane Carbon Dioxide - 0.9 % and low CO2 content which: Propane+ 1.8 % Nitroge
Slide 13: Accelerated Basin Wide Appraisal by Multiple Operators
Accelerated Basin Wide Appraisal by Multiple Operators Four multi-horizontal well projects located throughout the basin Santos 2026 Appraisal Project Carpentaria Pilot Project Shenandoah Sth Pilot Project Beetaloo Energy Australia Limited 13
Slide 14: The Beetaloo Basin is Progressing to Pilot Production
The Beetaloo Basin is Progressing to Pilot Production The shift to pilot production highlights increasing confidence in the Beetaloo Basin Drilled Lateral Length Per Year – Combined Operators 20,000 • The Beetaloo Basin has moved rapidly from 18,000 horizontal appraisal wells (2021-2023) to the late
Slide 15: The EP 187 Carpentaria Pilot Project has Arrived
The EP 187 Carpentaria Pilot Project has Arrived Cost-Effective Approach to Appraisal • 2D-Seismic, multi-stage vertical and horizontal flow tests have delineated a large stacked play • Three horizontal wells hydraulically stimulated Carpentaria-2H and Carpentaria-3H production tested Carpentari
Slide 16: Carpentaria-5H Hydraulic Stimulation
Carpentaria-5H Hydraulic Stimulation C-5H is the longest horizontal shale well, and largest hydraulic stimulation executed in Australia Key Metrics: • Length: 2,955 metres (9,695 feet) • Stages: 67 stages executed • Fluid intensity : 52 bbl/ft avg • Proppant intensity : 2,295 lb/ft avg • Proppant pe
Slide 17: The Carpentaria Pilot Project
The Carpentaria Pilot Project Targeting first gas production in 2026 Production Wells Carpentaria-2H, Carpentaria-3H and Carpentaria-5H • EMP’s fully approved for additional pilot wells Facility Purchased 42 TJ/d capacity Carpentaria Gas Plant Carpentaria-5H hydraulic stimulation operations • In
Slide 18: 10 Year Binding Gas Sales Agreement with NT Government
10 Year Binding Gas Sales Agreement with NT Government Foundation gas sales agreement with investment grade customer underwrites pilot economics Buyer: • Northern Territory Government (Aa3, stable) Volume / Term: • up to 25 TJ/d for 10 years (~75PJ total, net to Beetaloo) • an additional 10 TJ/d+ fo
Slide 19: $65m Beetaloo Financing Package
$65m Beetaloo Financing Package Beetaloo Energy has credit facilities in place for Carpentaria Pilot Project • This financing package represents a continuation of a 15-year relationship between Beetaloo Energy and Macquarie Bank • Execution of the financing package follows the completion of an exten
Slide 20: Traditional Owners Consent to the Sale of Appraisal Gas
Traditional Owners Consent to the Sale of Appraisal Gas Landmark Agreement with Traditional Owners1 • An on-country meeting between Beetaloo Energy and the Mambaliya Rrumburriya Wuyaliya Aboriginal Land trust covering EP 187 was conducted on 24th and 25th June 2025 • The meeting was arranged by the
Slide 21: The Beetaloo Energy Value Proposition
The Beetaloo Energy Value Proposition Phase 1 Phase 2 Phase 3 Carpentaria Pilot Project Domestic Gas Project Full-Field Development - LNG • Up to 25 TJ/d (24 mmcf/d) • ~200TJ/d (~190 mmcf/d) to • ~1 BCF per day to supply LNG • Targeting first revenue in 2026 supply Australian east coast export marke
Slide 22: 2025 is a Breakout Year for Beetaloo Energy
2025 is a Breakout Year for Beetaloo Energy Recent Achievements Key Near Term Catalysts Raised ~$35m in placement and share purchase plan1 • Carpentaria-5H IP30 flow rate Carpentaria-5H hydraulic stimulation completed2 • Construct surface facilities Traditional Owner Approvals3 • Connect to Mc
Slide 23: Energy
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