ASX:TBNOil and Gas
Initial Gas Sales Altering The Investment Case For Tamboran Resources Stock?
Tamboran Resources and Daly Waters Energy have begun initial gas sales from the Shenandoah South Pilot Project in the Beetaloo Basin, supplying the Northern Territory market under a long term take or pay contract of 40 TJ/d once fully ramped.
The commissioning phase, which includes discounted pricing for interruptible gas and use of the new Sturt Plateau Compression Facility, highlights how Tamboran Resources is moving its infrastructure from build out into revenue generating operations.
We...