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) 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.
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.
