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 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.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) report the Northern Territory Government's implementation of all 135 recommendations under the 2018 Scientific Inquiry into Hydraulic Fracturing in the Northern Territory provides Tamboran with confidence to progress its investment in the Beetaloo Basin.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) provide the third quarter activities report for period ended 31 March 2023.
The Northern Territory Supreme Court (NTSC) has dismissed Rallen Australia's appeal regarding the Northern Territory Civil and Administrative Tribunal's (NTCAT) decision to grant Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) a land access agreement on EP 136 in the Beetaloo Basin.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) believes the Beetaloo Basin's low reservoir CO2 is an attractive source of supply for industry seeking to reduce greenhouse gas (GHG) emissions.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) has successfully completed the 25-stage stimulation program at the Amungee 2H (A2H) well in the 38.75 per cent owned and operated EP 98 permit of the Beetaloo Basin.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) announces the election of the Honorable Andrew Robb AO and Mr John Bell Sr. to its Board of Directors, effective from 16 April 2023.
