EP 161 covers approximately 10,500 km2 and is positioned in the core of the Beetaloo Sub-Basin. Tamboran was granted this exploration permit directly from the Northern Territory government and subsequently completed a farm-out with Santos QNT Pty Ltd in 2012. Tamboran holds 25% working interest and Santos holds 75% working interest and is the operator in EP 161. The EP 161 joint venture drilled the Tanumbirini 1 well and a “Declaration of Discovery” was accepted by the Northern Territory government in 2019.
The property is approximately 650 kilometres south of Darwin and can be accessed via the Carpentaria Highway. There is existing infrastructure in the area including the McArthur River Gas Pipeline as well as intrastate pipelines such as the Amadeus Gas Pipeline and the Northern Gas Pipeline. EP 161 in located in the core Beetaloo Sub-basin and is directly adjacent to EP 136 which is 100% owned and operated by Tamboran.
