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The latest update is out from Tamboran Resources Limited ( (AU:TBN) ).
Tamboran Resources Limited has successfully completed stimulation activities in the Beetaloo Basin, achieving a notable improvement in completion efficiency. The recent operations at the Shenandoah South 2H sidetrack well surpassed previous records for the basin, with increased proppant intensity and wellhead injection rates. This advancement reflects the company’s strategic efforts to enhance production capabilities and optimize resource extraction processes, which could bolster its position in the energy sector and create potential benefits for stakeholders.
More about Tamboran Resources Limited
Tamboran Resources Limited is a company operating in the energy sector, primarily focused on the exploration and development of unconventional gas resources. The company is involved in operations within the Beetaloo Basin in Australia, where it holds significant interests in the EP 98/117 areas and collaborates with partners such as Falcon Oil and Gas Australia Limited.
YTD Price Performance: 39.29%
Average Trading Volume: 1,646,223
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$393.7M
See more insights into TBN stock on TipRanks’ Stock Analysis page.
