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Tamboran Resources Limited ( (AU:TBN) ) has issued an update.
Tamboran Resources Limited has initiated a significant stimulation campaign for the Shenandoah South 2H sidetrack and 3H wells in the Beetaloo Basin, utilizing modern equipment from Liberty Energy. This campaign, the largest in the basin to date, aims to increase efficiency and proppant intensity significantly, potentially contributing reliable energy to the Northern Territory and supporting the proposed Shenandoah South Pilot Project.
More about Tamboran Resources Limited
Tamboran Resources Limited operates in the energy sector, focusing on the exploration and development of natural gas resources. The company is engaged in activities in the Beetaloo Basin, with an emphasis on leveraging advanced technologies and equipment to enhance operational efficiency and output.
YTD Price Performance: 25.00%
Average Trading Volume: 1,298,388
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$393.9M
See more data about TBN stock on TipRanks’ Stock Analysis page.
