Perth Basin energy company Norwest Energy has provided a summary of results at the Lockyer-2 gas appraisal well. While an excellent quality Kingia Sandstone reservoir was encountered, analysis of wireline data indicates that the reservoir is water saturated. The Lockyer-2 result is expected to materially downgrade the resource potential of the Greater Lockyer structure.
Tamboran Resources Ltd (ASX:TBN) is a natural gas company that intends to play a constructive role in the global energy transition towards a lower carbon future by developing low CO2 unconventional natural gas resources in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia. Tamboran s key assets are a 25% working interest in EP 161 and a 100% working interest in EP 136, EP 143 and EP(A) 197 which are located in the Beetaloo Sub-basin.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNNY) report that the NT Supreme Court stay application has been dismissed, Ensign Rig 970 is to commence mobilisation to EP 136 Maverick 1H location imminently.
Tamboran Resources Ltd (ASX:TBN) has been given the all-clear by the Northern Territory Supreme Court to continue 2022 seismic and drilling activities as.