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Tamboran Resources: EP 117 Operational update

Tamboran Resources: EP 117 Operational update

07 Dec 2023 10:46 AM | Stephanie Berlin (Administrator)

EP 117 Operational Update: Successful completion of SS-1H stimulation program, preparing to commence flow back and IP30 testing

Highlights

• Tamboran, on behalf of the Beetaloo Joint Venture (BJV), has successfully completed the 10- stage stimulation program over a 500-metre (1,640-foot) horizontal section of Mid-Velkerri B Shale within the Shenandoah South 1H (SS-1H) well in Beetaloo Basin permit EP 117.

• The stimulation program at SS-1H delivered a proppant intensity of 2,212 pounds per foot (lb/ft) and achieved rates of 100 barrels per minute (bpm) using slickwater, a first in the Mid Velkerri B Shale and in-line with current US shale basin stimulation designs.

• Tamboran plans to install production tubing ahead of the commencement of flow back of stimulation fluid and 30-day initial production (IP30) testing in mid-December 2023, subject to timing of gas breakthrough.

To view the full ASX announcement, click here.

Source: Tamboran Resources

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