McArthur Basin Zone

The McArthur Basin hosts multiple proven resource plays including the highly prospective Beetaloo sub-basin

• One of the largest shale gas deposits globally and Australia’s largest undeveloped gas resource with an estimated 500 TCF of natural gas in place

• Market access to 87% of population and 38 mmtpa of LNG export capacity

• Conventional reservoir potential is also present in the basin

Region has attracted significant investment from energy operators and multiple ongoing work programs continue to prove up resource base and commercial viability

Supportive Territory government, recognising the importance of natural gas to industrial development and the Territory economy

• Beetaloo regulatory framework finalised, greenlighting development of the sub-basin

Potential wet gas window on shallower basin margin around the Beetaloo sub-basin

Targeting extension of Beetaloo Kyalla and Velkerri shale formations

Additional potential exists for conventional Bessie Creek sandstone reservoirs

Preliminary studies suggest key acreage is also prospective for natural Hydrogen and Helium

Proximal to existing gas pipeline infrastructure with access to east coast market and LNG export terminals

Opportunity to leverage peer operator activity and learnings to optimise exploration strategy and minimise costs

Strong relationships established with key local stakeholders since entering the region