Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to provide an update on preparation for the fracture stimulation and flow testing of its 100% owned-and-operated Carpentaria-1 vertical exploration well in EP187, located on the eastern side of the Northern Territory's Beetaloo Sub-basin.
Tamboran Resources Limited
Founded in 2009, Tamboran Resources Limited is a public unlisted oil and gas company focused on developing early-stage, top-decile unconventional gas reserves in the Northern Territory, Australia. Holding a premium acreage in the highly prospective Beetaloo McArthur Basin, Tamboran is strategically positioned to rapidly commercialise these reserves as a feed supplier to existing Australian LNG plants, as well as addressing the Australia East Coast natural gas shortfall.
The exceptional nature of this the Tanumbirini #1 Discovery has the potential to elevate Tamboran to be one of the "Top 5" exploration and production (E and P) companies in Australia, delivering exceptional returns to our shareholders.
Tamboran Resources Limited is headquartered in Sydney, Australia with a global management team leveraging a significant depth of experience in the successful commercialisation of unconventional oil and gas throughout North America. The team brings a wealth of knowledge, including modern shale reservoir assessment, as well as cutting-edge drilling and frac completion design technology.
Tamboran Resources Limited ("Tamboran" or the "Company") is pleased to announce the acquisition of Sweetpea Petroleum Pty Ltd ("Sweetpea" or the "Acquisition").
Tamboran Resources Limited - Positive Results of Vertical Frac and Gas Flow Tests in the Beetaloo Basin
Tamboran Resources Limited is pleased to announce another successful test result of the Tanumbirini 1 vertical frac and flow test with Santos QNT Pty Ltd in the Beetaloo McArthur Basin. Santos Ltd (ASX:STO) is the Operator of EP 161 with a 75% working interest and Tamboran holds 25% working interest.