Beetaloo Energy Australia rises on launch of Beetaloo Digital project

Beetaloo Energy Australia

22/07/2026 06:00

    ** Shares of Beetaloo Energy Australia  BTL.AX  rise as much
as 17.7% to A$0.30, their highest level since May 18
    ** Shares on track for their best session since March end,
if trend holds; last up 9.8%
    ** Hydrocarbon developer launches Beetaloo Digital to
progress proposed large-scale integrated data centre opportunity
in the Northern Territory, cornerstoned by gas fired power
    ** Co obtains exclusive rights over 185 hectares of land at
Weddell, south of Darwin
    ** Adds land grant gives co certainty to secure consortium
partners, with proposal having potential to create significant
new domestic gas market 
    ** About 15.8 million shares trade hands, 10.3x the 30-day
average
    ** Stock down 3.5% YTD, including session's moves 

($1 = 1.4284 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))