Tamboran Resources Begins First Gas Sales from Beetaloo Basin as Shenandoah South Enters Commissioning
Tamboran Resources has delivered its first gas sales from the Shenandoah South Pilot Project in Australia's Northern Territory, marking a significant milestone for the Beetaloo Basin. The initial volumes were supplied to the Northern Territory market through joint venture partner Daly Waters Energy (DWE), with production expected to ramp up to 40 terajoules per day by early 2027 under a long-term take-or-pay agreement with the government. The commissioning phase includes discounted gas pricing due to supply intermittency, but it represents progress toward establishing Beetaloo as a reliable energy source for both local and broader East Coast markets. CEO Todd Abbott highlighted this achievement as pivotal in unlocking regional economic benefits from locally sourced natural gas.

Tickers: $TBN
Topics: Beetaloo Basin gas sales Shenandoah South Project Tamboran Resources