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) has awarded John Wood Group plc, (Wood), (LON:WG) the contract to undertake the Concept Select Engineering phase for the proposed NTLNG development at the Middle Arm Sustainable Development Precinct (Middle Arm) in Darwin.
Tamboran Resources Limited (ASX:TBN) advise that the Helmerich & Payne, Inc. (H&P), (NYSE:HP), super-spec FlexRig(R) Flex 3 Rig has been successfully mobilised to the Shenandoah South 1H (SS1H) well pad location in EP 117.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) today announces the opening of the Share Purchase Plan (SPP) announced by Tamboran on Tuesday, 27 June 2023.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has received binding commitments for a non-underwritten placement to new and existing shareholders to raise up to ~$53.2 million at $0.18 per share.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has entered into two non-binding Memorandum of Understandings (MOU) with BP Singapore Pte. Limited (bp), a subsidiary of BP plc., and Shell Eastern Trading (Pte) Ltd. (Shell), a subsidiary of Shell plc. vv
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has selected APA Group (ASX: APA) as the preferred transmission pipeline partner for Tamboran's Beetaloo Basin development following a six-month competitive process.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has completed analysis of two Tanumbirini flow tests in the Santos-operated EP 161 permit (Tamboran 25 per cent), including modelling of the production curves by independent third-party subsurface experts, Subsurface Dynamics, Inc.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) report that the Amungee 2H (A2H) well in EP 98 has achieved gas breakthrough, however modelling and independent third-party analysis of fluids recovered from the well have identified potential skin inhibiting gas and water flow.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has entered into a Framework Agreement to obtain exclusivity over gas compression and liquefaction facilities for potential early production from the Beetaloo Basin.
The Northern Territory Government has provided Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) exclusivity over 170-hectares on the Middle Arm Sustainable Development Precinct for a proposed LNG development, Northern Territory LNG.
