Beetaloo Energy Secures $15M, Ramps Up Carpentaria Project
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Beetaloo Energy secures $15.4M tax refund, accelerates Carpentaria Pilot project: The company receives a cash boost from the federal governments R&D tax incentive, covering drilling, fracking, and shale testing costs. Management plans to repay a loan and invest in gas plant infrastructure. With full control over 28 million acres, Beetaloos Carpentaria-five H well delivers promising gas flow. Civil works completed, Roma gas plant ready for trucking, and three wells prepped for tie-in, aiming for third quarter 2026 commissioning and local gas sales.
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