Tamboran outlines Beetaloo Basin site tour, says first gas sales imminent
Reuters2026/08/31 22:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Tamboran outlined progress at its Beetaloo Basin site tour at the Shenandoah South wellpad in Australia’s Northern Territory.
- First Beetaloo Basin gas sales flagged as imminent, with 40 TJ/d (gross) from the Pilot Project contracted to the Northern Territory Government.
- Balance sheet highlighted with USD 298 million cash, supporting strategic joint venture discussions.
- Key achievements cited include FID for the Shenandoah South Pilot Project, the Falcon Oil & Gas acquisition, drilling success led by SS-6H record IP20.
- Near-term field work focused on commissioning the Sturt Plateau Compression Facility, drilling SS-9H, with EP 161 stimulation targeted for mid-2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tamboran Resources Corporation published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.
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