Beetaloo Energy Australia Limited (ASX:BTL) is a gas development company, with onshore Northern Territory (NT) gas exploration and development assets.
BTL has the largest tenement position in the highly prospective Greater McArthur Basin, which includes the Beetaloo Sub-basin.
Two recently announced farm-in deals between the private company, Formentera Partners, INPEX (Inpex Corporation [1605.T]) and Tamboran Resources (ASX:TBN) have established a transaction benchmark for high quality/derisked Beetaloo tenements ranging from ~US$2,850-5,500 per acre.
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Beetaloo Energy Australia - Benchmark Deals Now Set the Platform