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Tamboran Resources Limited ( (AU:TBN) ) has shared an update.
Tamboran Resources Limited has reached a Final Investment Decision (FID) for the Shenandoah South Pilot Project in the Beetaloo Basin, with first gas sales expected by mid-2026. This decision follows key agreements with stakeholders and secures financing for infrastructure development. The project aims to provide energy security for the Northern Territory and potentially the East Coast gas market, with significant economic benefits anticipated for local communities and stakeholders.
More about Tamboran Resources Limited
Tamboran Resources Limited operates in the energy sector, focusing on the exploration and production of natural gas. The company is involved in projects that aim to supply gas to Australia’s East Coast market, with a particular emphasis on the Beetaloo Basin in the Northern Territory.
Average Trading Volume: 2,698,723
Technical Sentiment Signal: Sell
Current Market Cap: A$376.3M
See more insights into TBN stock on TipRanks’ Stock Analysis page.