Tamboran commissions Sturt Plateau facility
This milestone advances natural gas supply for the Northern Territory and East Australian markets.
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This milestone advances natural gas supply for the Northern Territory and East Australian markets.
The company secured a US$28.5 million farm-out with DWE, raised ~US$198 million in capital, and advanced the Sturt Plateau Compression Facility toward first gas sales by Q3 2026.
The company targets April 2027 drilling for the Asopus-1 prospect and highlights potential European energy impacts from estimated reserves.
131528 of 175000 authorized shares were issued to non-insider employees, resulting in 258400852 total shares outstanding.
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