Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) announces the election of the Honorable Andrew Robb AO and Mr John Bell Sr. to its Board of Directors, effective from 16 April 2023.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) is the largest acreage holder in the Beetaloo Sub-basin of the Northern Territory, focused on the development of its early-stage, unconventional low reservoir CO2 natural gas resources.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) has commenced its first Beetaloo Basin stimulation program at the Amungee 2H (A2H) well in 38.75 per cent owned and operated EP 98.
During the quarter, Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) and Daly Waters Energy LP (DWE) completed the $60 million acquisition of Beetaloo Basin assets EP 76, 98 and 117. The acquisition positions Tamboran as the largest operator and acreage holder in the Basin, with ~1.9 million net prospective acres.
Tamboran Resources Limited (ASX:TBN) (OTCMKTS:TBNRF) report that the Amungee 2H (A2H) in EP 98 was successfully drilled to a total depth (TD) of 3,883 metres, including a 1,275-metre horizontal section, which was placed in the most prospective zone within the Mid-Velkerri B Shale formation.