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) Update on the Acquisition of Origin's Beetaloo Assets
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) advise that the Maverick 1V (M1V) vertical well, drilled within Tamboran's 100 per cent owned and operated Beetaloo Basin permit, EP 136, has safely reached a total depth (TD) of 3,050 metres.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has had an exciting first year as a listed company on the ASX as we progressed our activities towards the drilling of our first operated wells within the Beetaloo Basin.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has entered into a strategic alliance and has secured $22 million (US$15 million) equity investment from a subsidiary of Helmerich & Payne, Inc.
Tamboran Resources Limited (ASX:TBN) Purchase of Origin's Beetaloo Basin Assets and Equity Raise
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has increased its estimate of EP 161 contingent gas resources following a review of extended production test data from Tanumbirini 2H (T2H) and 3H (T3H).
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) report the Tanumbirini 2H and 3H 30-day normalised flow rates exceed the estimated Beetaloo commerciality threshold.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) provides a presentation to the ASX updating the market on the material de-risking of the Beetaloo Sub-basin over the last 12 months.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) announce Tanumbirini 2H and 3H flow rates increase to 7.4 and 4.3 mmscfd following installation of production tubing (normalised to a 1,000-metre lateral).
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) has received Northern Territory Government approval of the Company's Environmental Management Plan (EMP) allowing for up to seven wells to be drilled within the 100 per cent owned and operated EP 136 permit.
