Beetaloo Energy CEO on Carpentaria project and Australia’s gas future - ASX SMIDcaps Conference

Beetaloo Energy Australia Limited (ASX:BTL, OTC:EEGUF) CEO Alex Underwood talked with Proactive at the ASX Small and Mid-Cap Conference about the company’s progress in the Beetaloo Basin and the development of its Carpentaria project. Underwood outlined the scale of the Beetaloo Basin, describing it as “one of the largest gas deposits in the world, containing enough gas to power Australia for the next 200 years.” He explained that the company is currently in the appraisal phase, focused on proving the commercial viability of its gas resources while maintaining strong relationships with the Northern Territory government, traditional owners and local stakeholders. A key focus of the discussion was the Carpentaria pilot project, where Beetaloo Energy has already drilled multiple wells and completed fracture stimulation. The company also achieved a milestone with what Underwood described as “the biggest fracture simulation in Australian history” on the Carpentaria-5H well. Looking ahead, Underwood highlighted near-term catalysts including further flow testing, installation of gas processing infrastructure and commencing pilot production. He also stressed the growing importance of domestic energy supply, noting that Australia remains heavily reliant on hydrocarbons despite the push toward renewables. Underwood emphasised the broader investment case, pointing to a “massive gas resource” with increasing confidence in its economic viability and significant upside potential as development progresses. For more insights and updates, visit Proactive’s YouTube channel, like this video, subscribe to the channel, and enable notifications so you never miss future content. #BeetalooEnergy #BeetalooBasin #NaturalGas #EnergySecurity #ASX #OilAndGas #AustraliaEnergy #CarpentariaProject #GasExploration #EnergyTransition #Investing #SmallCaps #NorthernTerritory #Hydrocarbons #EnergyMarket