The Energy Club NT is pleased to hear of this mornings’ announcement from Tamboran Resources of the successful completion of the flow test for Tamboran operated and JV-owned (Tamboran 38.75%, Daly Waters Energy 38.75%, Falcon O&G 22.5%), Shenandoah South 1H (SS-1H) well in EP 117. The results of the flow test mark a significant milestone in the exploration and development of energy resources within the Northern Territory.
The Shenandoah South 1H well, located in EP 117, has undergone a thorough and rigorous testing process, demonstrating promising outcomes for the region's energy landscape. The flow test results reveal valuable insights into the well's production capabilities, contributing to the broader understanding of the potential energy resources within the Northern Territory.
“The Energy Club NT congratulates Tamboran Resources and its joint venture partners on an excellent test result at their Shenandoah South well” said Stephanie Berlin, Chief Executive Officer of the Energy Club NT.
“We look forward to the renewed confidence that this result will bring to the Beetaloo Basin and the ambitions of all the proponents, governments and infrastructure partners who are working hard to bring this basin to its full potential. The Northern Territory in particular, and Australia as a whole, stands to benefit from this potentially massive low cost, low CO2 resource at a time when very little new gas is being bought to market”.
“Energy Club NT will continue to work to update its members on this exciting development and the economic opportunities it could present to Territorians”.
The Energy Club NT acknowledges Tamboran Resources' commitment to responsible and sustainable energy development practices. These results underscore the importance of ongoing collaboration between industry stakeholders, regulatory bodies, and local communities to ensure that energy projects align with environmental, social, and economic considerations.
To view the full media release, click here.