Tamboran’s Shenandoah South 6H Well Posts Record Flow as Beetaloo Development Advances

The latest update is out from Tamboran Resources Limited ( (AU:TBN) ).

Tamboran Resources reported that its Shenandoah South 6H well in the Mid Velkerri B Shale delivered an average 20‑day initial production flow rate of 10.3 million cubic feet per day from an 8,635‑foot horizontal section, equivalent to 11.9 MMcf/d when normalized over 10,000 feet. The performance compares favorably with leading Marcellus Shale dry gas wells, with the test meeting all key technical goals and indicating strong, stable production characteristics despite an obstruction limiting flow from part of the well.

The company has ended the flow test to preserve reservoir pressure and minimize flaring ahead of tying the well into the planned Sturt Plateau Compression Facility, where gas sales are expected to commence in the third quarter of 2026. Tamboran is preparing a 2026 stimulation program for the Shenandoah South 3H, 4H and 5H wells, with all three slated to be connected to the same facility to help deliver about 40 MMcf/d under a Gas Sales Agreement with the Northern Territory, underscoring its progress toward commercial gas production.

The most recent analyst rating on (AU:TBN) stock is a Hold with a A$0.30 price target. To see the full list of analyst forecasts on Tamboran Resources Limited stock, see the AU:TBN Stock Forecast page.

More about Tamboran Resources Limited

Tamboran Resources Corporation is an oil and gas exploration and production company focused on unconventional natural gas developments in Australia’s Beetaloo Basin. The company is targeting dry gas from the Mid Velkerri B Shale, with a market focus on supplying the Northern Territory gas network and potentially larger domestic and export markets.

Average Trading Volume: 2,236,501

Technical Sentiment Signal: Buy

Current Market Cap: A$1.64B

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