Northern Territory taxpayers will be hit with a $75 million bill if Tamboran Resources, one of the key Beetaloo Basin fracking companies, is unable to repay its lenders.
Authorities in Australia's Northern Territory are facing backlash over a decision they made — or perhaps failed to make — several years ago, ABC News reported. By letting a company off the hook for ...
U.S. shale producers are expanding overseas—from Argentina and Turkey to Australia and the UAE—as domestic shale basins mature and well productivity declines. Companies including Continental Resources ...
Australian Associated Press on MSN

'Huge questions' over tax rebates for gas exploration

Millions in federal tax rebates are going towards gas exploration despite dubious eligibility under a scheme reserved for business innovation.
Gas quota unveiled: From July 2027, exporters must reserve 20% of production for Australian users, aiming to lower prices and boost energy security. NT backs Beetaloo: The NT government has guaranteed ...
Tamboran Resources Corporation (“Tamboran” or the “Company”), through its subsidiaries, is the largest acreage holder and operator with approximately 1.9 million net prospective acres in the Beetaloo ...
As part of its 2026 operating program, the company plans to drill at least four wells and stimulate at least five.
'Having successfully raised funding to progress drilling activity in the Beetaloo Basin, we are focused on delivering the largest single drilling campaign in the region to date'. Image by Ghulam ...
Tamboran and its partners completed the biggest drilling campaign in the Beetaloo basin onshore Australia's Northern Territory, putting the Shenandoah South Pilot Project on track to start gas sales ...
Tamboran Resources Corporation Chairman and Interim CEO, Richard Stoneburner, said: “We are proud to have delivered the largest drilling program ever conducted in the Beetaloo Basin, which included ...