Tamboran Resources Corporation

via Proactive Tamboran Resources Corporation had a productive December quarter as it “maintained momentum towards first #gas production in the Beetaloo Basin,” according to the company’s chief executive officer Joel Riddle. The quarter included the completion of drilling production wells at Shenandoah South 2H sidetrack (SS-2H ST1) and 3H (SS-3H) in EP 98 to total measured depths of 16,182 feet (4,932 metres) and 21,169 feet (6,452 metres) respectively. Importantly, the SS-3H well included the first 10,000-foot (3,048-metre) horizontal section in the Mid Velkerri B Shale. Read more: https://loom.ly/Cszbw2g #TBN #ASX #NYSE

#ASXNews Tamboran Resources Corporation is pleased to present its Half Yearly Report and Auditor Review Report for the half-year ended December 31, 2024. View the report: https://loom.ly/9bOtgfM #TBN #ASX #NYSE #NT #gas

#ASXNews Tamboran Resources Corporation is pleased to provide its Second Quarter Results Presentation for FY25. View the presentation: https://loom.ly/WcbFx20 #TamboranResources #ASX #NYSE #TBN #NT #gas

#ASXNews Tamboran Resources Corporation is pleased to present its second quarter activities report for period ended December 31, 2024. • During the December quarter, Tamboran successfully drilled, cased and cemented the Shenandoah South 2H sidetrack (SS-2H ST1) and 3H (SS-3H) wells in EP 98 to total measured depths of 16,182 feet (4,932 metres) and 21,169 feet (6,452 metres) respectively. The SS-3H well included the first 10,000-foot (3,048-metre) horizontal section in the Mid Velkerri B Shale. • Stimulation activities with Liberty Energy’s (NYSE: LBRT) 80,000 hydraulic horsepower (HHP) modern stimulation equipment, commenced in January 2025. The SS-2H ST1 well completed 35 stages across a 5,483-foot (1,671-metre) horizontal section. • The Company took precautionary steps to pause SS-3H completion operations due to detection of stress in the casing connection. Reinforcement activities are planned to be conducted in 1Q 2025, with re-commencement of the stimulation program in 2Q 2025 ahead of IP30 in mid-2025. • Tamboran entered into binding agreements with APA Group (ASX: APA) whereby APA will build, own and operate the 23-mile (37 kilometre) 12-inch diameter Sturt Plateau Pipeline (SPP) for the proposed Shenandoah South (SS) Pilot Project. Long lead items (LLIs) have been secured. • During the quarter, Tamboran secured a committed US$23 million (A$35 million) line of credit from Macquarie Bank Limited (Macquarie), part of which will be used for guarantees required by APA for the construction of the SPP. • In January 2025, Tamboran entered into a non-binding MOU with Santos Limited (ASX: STO) to undertake technical studies relating to a potential Darwin LNG (DLNG) Train 2 expansion and collaborative work on the jointly owned EP 161 acreage in the Beetaloo Basin. • As at December 31, 2024, the Company had a cash balance of US$59.4 million, following the receipt of A$9.9 million (US$6.2 million) research and development (R&D) tax credit relating to the Company’s FY23 Beetaloo Basin activities. View the report: https://loom.ly/9HBEL-U #TamboranResources #TBN #ASX #NYSE #NT #gas

Tamboran Resources Corporation recently hosted Minister for Energy, Gerard Maley, Minister for Essential Services, Steve Edgington and Assistant Minister for Energy, Khoda Patel on our Shenandoah South site to see work with Liberty Energy on our latest stimulation campaign. Tamboran is proud that our first customer sales for #naturalgas from the Beetaloo is with the Northern Territory Government to help provide secure and affordable energy for Territorians. The work in the Beetaloo Basin is also going to drive major economic development in the Northern Territory by creating jobs and business opportunities, and paying important royalties to the government. #ASX #NYSE #NT #energy

via Proactive Tamboran Resources breaks records in Beetaloo Basin! Tamboran Resources Corporation has completed stimulation activities over 35 stages in the Mid Velkerri B Shale at the Shenandoah South 2H sidetrack (SS-2H ST1) well. The operation covered a 5,483-foot (1,671-metre) horizontal section using Liberty Energy Ltd’s (NYSE: LBRT) modern stimulation equipment. See more: https://loom.ly/QjdO10Q #TBN #ASX #NYSE #NT #gas

#ASXNews EP 98 Operational Update: SS-2H ST1 stimulation delivers material step change in Beetaloo completion efficiency • Tamboran Resources Corporation successfully completed stimulation activities over 35 stages across a 5,483-foot (1,671-metre) horizontal section in the Mid Velkerri B Shale within the Shenandoah South 2H sidetrack (SS-2H ST1) well. The stimulation was conducted using the Liberty Energy (NYSE: LBRT) modern stimulation equipment. • The SS-2H ST1 completion operations achieved five stages over a 24-hour period on multiple days, exceeding previous Beetaloo Basin records. • Average proppant intensity of 2,706 pounds per foot (lb/ft) across the 35 completed stages exceeded all previous completion activities in the Beetaloo Basin to date and achieved wellhead injection rates above 100 barrels per minute (bpm). • The SS-2H ST1 well will be completed ahead of clean out activities and the commencement of initial flow back and extended production testing. • Further updates on the completion of the Shenandoah South 3H (SS-3H) well will be provided in due course. #TBN Managing Director and CEO, Joel Riddle, said: “The SS-2H ST1 stimulation operations were successfully completed across 35 stimulated stages over the 5,483-foot horizontal section in the Mid Velkerri B Shale. “The increased efficiency from the Liberty stimulation equipment has delivered Beetaloo Basin completion records for average proppant injection intensity and treating rates over 100 bpm. “The decision was made during the completion activities to optimize the stimulation design by increasing the spacing between stages to ~168 feet, which resulted in improved efficiency. “We will now focus on completing and cleaning out the SS-2H ST1 well ahead of the commencement of initial flow back and extended production testing.” Read the full announcement: https://loom.ly/tqX3i5w #ASX #TamboranResources #MiningNews

Tamboran Resources Corporation's Managing Director and CEO, Joel Riddle, and Vice President Drilling and Completions, Edward Wong, are on site at the Shenandoah South 2H and 3H wells in the Beetaloo Basin, Northern Territory. Joel Riddle provides an operational update on the Company's activities currently underway with their partner Liberty Energy. Watch below⬇️ #TamboranResources #ASX #NYSE #TBN #gas #energy #NT

Tamboran Resources Corporation Managing Director and CEO, Joel Riddle joined Chuck Yates (he, him, his) on the Digital Wildcatters podcast to discuss the Company and its activities at the Beetaloo Basin. Joel explains #TBN's approach to developing a two million net acreage position and tapping into more than 50 trillion cubic feet of natural gas resources, all backed by slick U.S. technology and strategic partnerships with H&P and Liberty Energy. Watch the full podcast here➡️ https://loom.ly/Ah8DYJA #TamboranResources #ASX #NYSE #NTMining #gas #oil

Tamboran Resources Corporation plans to release the Company’s second quarter earnings and operational update after NYSE market closes on Wednesday February 12, 2025. Managing Director and Chief Executive Officer, Mr. Joel Riddle will host a webcast commencing at 5:00pm EST Wednesday Feb 12 (New York)/ 9:00am AEDT Thursday, Feb 13 (Sydney, Melbourne) to provide an update on the Company’s operations in the Beetaloo Basin. This will be followed by a short Q&A session with analysts. Access to the live audio webcast for the conference call will be available via Tamboran’s website at https://loom.ly/5Ruu7EU. A recording of the webcast will be available on the #TBN website following completion of the presentation. View announcement: https://loom.ly/OZfYQc0 #TamboranResources #ASX #NYSE #oil #gas