Ann: Successful Capital Raising, page-8

The EEG capital raising release said
I recognise that the market conditions in which we have carried out this capital raising are challenging. However, the capital resources we now have provide the company with the opportunity to maintain strong momentum as we seek to become the first Beetaloo Basin player to commence commercial production.

But they are behind Santos and Tamboran resources
Santos QNT Limited (“Santos”), the operator of EP 161 permit within the Beetaloo Sub-basin, has advised of an approximately 17% increase to the previously reported gas flow rates from Tanumbirini 2H (“T2H”) and 3H (“T3H”).This follows a recalibration of the historic flow data as reported on 1 February 2022, which now indicate the average gas flow rates from T2H and T3H were 2.0 million standard cubic feet per day (“mmscfd”) (normalised at 3.0 mmscfd over 1,000-metres) and 1.7 mmscfd (normalised at 2.9 mmscfd over 1,000-metres) respectively.Further market updates on T2H and T3H are anticipated following the installation of tubing during the second quarter of calendar year 2022.