Beetaloo Energy to Resume Flow Testing at Northern Territory Gas Well in Q2; Shares Rise 3%

MT Newswires Live
Apr 30

Beetaloo Energy Australia (ASX:BTL) is set to resume flow testing at its Carpentaria-5H gas well in the Northern Territory during the second quarter, according to a Thursday filing with the Australian bourse.

The company said it ended the first quarter with a liquidity position of AU$14.3 million, including AU$7.5 million in cash and AU$6.8 million in undrawn funding.

Beetaloo Energy shares gained 3% in recent Thursday trade.

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