Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) refers to its announcement dated 16 May 2025 titled Empire Energy - The Beetaloo Basin Pioneer moving into Production - Capital Raise Presentation (Original Presentation), and the updated investor presentation lodged with ASX today (Updated Presentation).

Slide 22 of the Original Presentation contained forward-looking statements regarding global LNG demand and Australian east coast domestic gas market conditions (Forward-Looking Statements), which were based on the Shell LNG Outlook 2024 and the 2023 Australian Energy Producers Information Bulletin.

The Updated Presentation includes the following amendments to Slide 22:

- It now references the Shell LNG Outlook 2025, which suggests that global LNG demand may not exceed supply until 2033, revising the previously stated estimate of 2027.

- It incorporates the information from the 2025 Gas Statement of Opportunities released by the Australian Energy Market Operator on 14 March 2025, which projects that annual supply gaps in the Australian east coast domestic market are likely to emerge from 2029 or later, rather than from 2027.

- It removes the Northern Australian Gas Market panel, as the information is no longer current.

Investors are advised not to rely on the Forward-Looking Statements in the Original Presentation when considering whether to apply for shares under the recently announced share purchase plan offer (please refer to the Company's announcement on 23 May 2025).

*To view the Updated Capital Raise Presentation, please visit:
https://www.abnnewswire.net/lnk/RN847N75


About Beetaloo Energy Australia Limited

Beetaloo Energy Australia Limited (ASX:BTL) (OTCMKTS:EEGUF) holds 28.9 million acres of highly prospective exploration tenements in the McArthur Basin and Beetaloo Sub-basins, Northern Territory. Work undertaken by the Company since 2010 demonstrates that the Eastern depositional Trough of the McArthur Basin, of which the Company holds around 80%, has enormous conventional and unconventional hydrocarbon potential. The Beetaloo Sub-basin, in which Beetaloo Energy holds a substantial position, has world-class hydrocarbon volumes in place and a ramp up in industry activity to appraise substantial discoveries already made by major Australian oil and gas operators is ongoing.

Contact

Beetaloo Energy Australia Limited
E: info@beetalooenergy.com
T: +61-2-9251-1846
F: +61-2-9251-0244
WWW: www.beetalooenergy.com


Link: Updated Investor Presentation


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Beetaloo Energy Australia Limited