EP 76, 98 and 117

Tamboran holds a 38.75% interest in Beetaloo Sub-basin permits EPs 76, 98 and 117 via Tamboran’s 50% interest in the Tamboran B2 (TB2) Joint Venture (TB2 has a 77.5% operated position in the permits and is a 50/50% joint venture between Tamboran and Daly Waters Energy, LP. TB2 is the operator of the permits and Tamboran is acting as operator on behalf of the joint venture. Falcon Oil & Gas (Australia) Limited hold the remaining 22.5% non-operated interest. The assets cover approximately 4 million prospective acres (1.55 million acres net to Tamboran). Tamboran is focused on progressing a proposed pilot development in EP 117/98, targeting up to 40 TJ per day (14.6 PJ per annum) from the end of 2025, scaling up to a >500 TJ per day development via a new pipeline to the East Coast gas market by the end of 2028 and the proposed 6.6 MTPA Northern Territory LNG (NTLNG) development at Middle Arm Sustainable Development Precinct in Darwin.

Back to Assets