Energy Club NT - Tamboran Resources has released its Fourth Quarter and Annual Presentation.

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Tamboran Resources has released its Fourth Quarter and Annual Presentation.

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Tamboran Resources has released its Fourth Quarter and Annual Presentation.

23 Sep 2024 1:08 PM | Anonymous

FY24 Highlights

Achieved the highest normalized flow rates from the Beetaloo Basin to date from the Shenandoah South 1H (SS-1H) well

Secured funding of US$82 million (pre costs) for Tamboran’s operated 2024 Beetaloo Basin drilling program via the successful IPO on the NYSE.

Entered into a Strategic Agreement with 3 Liberty Energy (including US$20 million investment) to import modern US frac fleet into the Beetaloo Basin

Signed a 15.5-year Binding Gas Sales Agreement with the Northern Territory Government for proposed SS Pilot Project (Phase 1)

Signed LOIs with six East Coast gas buyers for up to 875 MMcf/d (>50% current East Coast gas demand) (Phase 2).

Signed two MOUs with bp and Shell for 2.2 MTPA of LNG each and awarded Bechtel Pre-FEED activities on proposed NTLNG project at Middle Arm (Phase 3).

To view the full asx announcement, visit: Tamboran Resources ASX Announcements

Source: Tamboran Resources

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