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Tamboran Resources Limited ( (AU:TBN) ) has shared an announcement.
Tamboran Resources Corporation has achieved a record initial production flow rate of 6.8 million cubic feet per day from its Shenandoah South 2H sidetrack well in the Beetaloo Basin. This milestone supports the company’s strategy to deliver significant gas volumes to the Australian market, reinforcing its commitment to energy security in the Northern Territory.
More about Tamboran Resources Limited
Tamboran Resources Corporation operates in the energy sector, focusing on the exploration and development of natural gas resources. The company is particularly active in the Beetaloo Basin in Australia, aiming to supply gas to the Australian domestic East Coast market.
Average Trading Volume: 1,414,921
Technical Sentiment Signal: Sell
Current Market Cap: A$374.8M
See more insights into TBN stock on TipRanks’ Stock Analysis page.