Tamboran Resources Corporation (ASX:TBN) is a natural gas company that intends to play a constructive role in the global energy transition towards a lower carbon future by developing low CO2 unconventional natural gas resources in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia. Tamboran's key assets are a 25% working interest in EP 161 and a 100% working interest in EP 136, EP 143 and EP(A) 197 which are located in the Beetaloo Sub-basin.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) and Jemena have signed a binding Memorandum of Understanding (MOU) to enable Tamboran to contract ~100 TJ per day of firm capacity through the Northern Gas Pipeline.
Tamboran Resources Limited (ASX:TBN) has commenced an 85-kilometre 2D seismic acquisition program within its 100 per cent owned and operated EP 136 acreage.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has established a sponsored American Depository Receipt (ADR) program in the United States that will commence trading on the over the counter (OTC) market on Thursday 26 May 2022.
Tamboran Resources Limited (ASX:TBN) has secured Ensign Rig 970 to spud the Maverick 1H (M1H) well in the 100 per cent owned and operated permit, EP 136 during third quarter of calendar year 2022, subject to final Environmental Management Plan (EMP) approvals.
Tamboran Resources Limited (ASX:TBN) provide the third quarter activities report for period ended 31 March 2022.
Tamboran Resources Limited (ASX:TBN) has a vision to become a Net Zero (Scope 1 and 2) gas producer when company initiates first production by the end of calendar year 2025.
Tamboran Resources Limited (ASX:TBN) provides an operational update: Approximately 17 per cent upward revision to Tanumbirini 2H and 3H flow test results.
Tamboran Resources Limited (ASX:TBN) remains focused on developing early-stage, unconventional low reservoir CO2 natural gas resources within its portfolio located in the Beetaloo Sub-basin of the Northern Territory.
Tamboran Resources Limited (ASX:TBN) has been awarded a grant of up to $7.5 million through the Commonwealth Government's Beetaloo Cooperative Drilling Program.
Tamboran Resources Limited (ASX:TBN) has increased EP 161 contingent resources following the successful gas flow to surface and 30-day flow testing of the Tanumbirini 2H and Tanumbirini 3H wells in early calendar year 2022.
