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Company News
Tamboran Resources Set for Major Gas Production at Beetaloo’s Shenandoah South Project
Long-considered one of the world’s most significant undeveloped gas provinces, the Beetaloo Sub-basin has achieved a major milestone with a joint venture led by Tamboran Resources (ASX: TBN) announcing the go-ahead for the Shenandoah South pilot project. The project will provide long-term production testing of multiple wells, offering the potential to sanction a large-scale development to the […]
Tamboran Resources-Santos partnership eyes Beetaloo Basin for Darwin LNG expansion
Australian junior Tamboran Resources (ASX: TBN) and energy major Santos (ASX: STO) are joining forces to investigate the potential of adding the world-class gas assets of the Beetaloo Basin to a possible Darwin LNG (DLNG) Train 2 expansion. The companies have signed a non-binding memorandum of understanding to undertake technical studies on the jointly-owned (Santos […]
Tamboran Resources joins US energy services expert in strategic Beetaloo shale gas partnership
Tamboran Resources (ASX: TBN) has reached a strategic partnership agreement with leading US oilfield services firm Liberty Energy to progress the Shenandoah South shale gas project in the Northern Territory’s Beetaloo Basin. Along with its significant shale fracking (hydraulic fracturing) expertise and equipment, Liberty has also agreed to take a $15.2 million stake in the […]
Gina Rinehart puts oil and gas back in the investment frame
Follow the money is always good advice, as is invest like the rich, so when you combine money and an unfashionable investment by an ultra-rich person such as iron ore billionaire Gina Rinehart, you could be on a winner, even if it’s in the politically incorrect business of oil and gas. Always prepared to back […]