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 Corporation
ASX:TBN ISIN:AU0000154841
News
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) signs binding GSA with the Northern Territory Government to supply 40 TJ per day for ~15 years from the proposed Shenandoah South Pilot Project.
Tamboran Resources Corporation's (ASX:TBN) (OTCMKTS:TBNNY) Shenandoah South 1H (SS-1H) well in EP 117 achieved an average 60-day initial production (IP60) flow rate of 3.03 million cubic feet per day (MMcf/d) over the 1,644-foot, 10 stage stimulated length within the Mid Velkerri B Shale.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) has increased its working interest in the proposed Shenandoah South Pilot Project to a minimum of 47.5% following a decision by Falcon Oil & Gas Australia Limited (Falcon) to limit its participation.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) is the largest acreage holder and operator with ~1.9 million net prospective acres in the Beetaloo Basin of the Northern Territory, focused on the development low reservoir CO2 natural gas resources within its portfolio.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) has booked its first estimate of contingent gas over the Shenandoah South region across EP 98 and 117 in the Beetaloo Basin following a successful 30-day initial production (IP30) flow test of the Shenandoah South 1H (SS-1H) well.
Tamboran Resources Corporation's (ASX:TBN) (OTCMKTS:TBNNY) SS-1H achieves commercial IP30 flow rate of 3.2 MMcf/d (normalized to 6.4 MMcf/d over 1,000 metres), exceeding pre-drill expectation.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) Managing Director and Chief Executive Officer, Mr Joel Riddle, will host a webcast to update the market on the Company's Shenandoah South 1H 30-day initial production well test.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) successfully completed the 10-stage stimulation program over a 500-metre horizontal section of Mid Velkerri B Shale within the Shenandoah South 1H well in Beetaloo Basin.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) wishes to advise that the closing date for the retail component of its 1 for 6.2 pro rata accelerated non-renounceable entitlement offer (Retail Entitlement Offer) as announced on 14 December 2023 has been extended.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has released its first Climate Change report. The Report is structured to align with the Task Force on Climate-related Financial Disclosures (TCFD) framework.
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