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Summary and scope

Project: Beetaloo Energy Australia Limited - Northern Territory Project owner: BEETALOO ENERGY AUSTRALIA LIMITED Location: NT Australia Work package status: Open Scope: Full Scope Work package description: Express interest to be notified of any opportunities that may arise. Project overview: Beetaloo Energy Australia Limited - Northern TerritoryBeetaloo Energy Australia Limited (Beetaloo Energy) is an Australian oil and gas company listed on the Australian Securities Exchange (ASX:BTL). Beetaloo Energy, with its wholly owned subsidiaries, Imperial Oil & Gas Pty Ltd (Imperial) and Imperial Oil & Gas A Pty Ltd (Imperial A), own and operate exploration permits across the McArthur Basin and the Beetaloo Sub-basin (Beetaloo). Imperial has carried out two seismic programs and drilled four wells in the Beetaloo, including Carpentaria-3H, the longest horizontal section of any well onshore Australia. Following encouraging flow testing results, Imperial is now proposing to move into the appraisal stage of its petroleum exploration through the Carpentaria Pilot Project.Beetaloo Energy is proud of its role in the exploration and appraisal of the world-class Beetaloo and, together with the exploration undertaken on the exploration permits Imperial A acquired from Pangaea (NT) Pty Ltd, has invested ~$200m in the Northern Territory to explore and appraise the Beetaloo. This investment has contributed to generating economic opportunities for the regions, traditional owners and all Territorians. Beetaloo Energy has established strong connections with businesses and communities in the Northern Territory and is working hard to progress further opportunities from the Carpentaria Pilot Project.Beetaloo Energy has established strong connections with businesses and communities in the Northern Territory and is working hard to progress further opportunities as the project activity continues.