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) 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.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) is the largest acreage holder in the Beetaloo Sub-basin of the Northern Territory, focused on the development of its early-stage, unconventional low reservoir CO2 natural gas resources.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) has commenced its first Beetaloo Basin stimulation program at the Amungee 2H (A2H) well in 38.75 per cent owned and operated EP 98.
During the quarter, Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) and Daly Waters Energy LP (DWE) completed the $60 million acquisition of Beetaloo Basin assets EP 76, 98 and 117. The acquisition positions Tamboran as the largest operator and acreage holder in the Basin, with ~1.9 million net prospective acres.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) report that the Amungee 2H (A2H) in EP 98 was successfully drilled to a total depth (TD) of 3,883 metres, including a 1,275-metre horizontal section, which was placed in the most prospective zone within the Mid-Velkerri "B Shale" formation.
