Tamboran Resources Corp is an early stage, growth-driven independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo Basin located within the Northern Territory of Australia. The company holds working interests in multiple exploration permits covering approximately 4.7 million contiguous gross acres, making it the largest acreage holder in the Beetaloo. Tamboran…
Tamboran Resources Corp is an early stage, growth-driven independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo Basin located within the Northern Territory of Australia. The company holds working interests in multiple exploration permits covering approximately 4.7 million contiguous gross acres, making it the largest acreage holder in the Beetaloo. Tamboran Resources Corp is committed to supporting the global energy transition by developing commercial production of natural gas with net zero equity Scope 1 and 2 emissions.
Tamboran Resources Corp generates revenue through the exploration, development, and production of natural gas from its assets in the Beetaloo Basin. The company plans to market its natural gas under long-term agreements to customers in the Northern Territory and Australian East Coast markets. Revenue is expected to commence from gas sales in the first quarter of 2026, initially from the Shenandoah South Pilot Project, with the goal of supplying gas to the Northern Territory market and eventually connecting to the Australian East Coast gas grid via proposed pipeline infrastructure.
Tamboran Resources Corp does not report operational segments.
Tamboran Resources Corp positions itself as a focused explorer and developer in the Beetaloo Basin, competing with other independent and major energy companies active in unconventional natural gas exploration in Australia. The company’s competitive advantages include its position as the largest acreage holder in the Beetaloo, its integrated approach to development, and its early adoption of U. S. unconventional drilling and completion techniques. Tamboran Resources Corp also benefits from strategic partnerships with APA Group for pipeline development and non-binding agreements with bp and Shell for potential LNG offtake, supporting its goal to supply gas to domestic and export markets.
Tamboran Resources Corp plans to serve customers in the Northern Territory and Australian East Coast markets, including energy retailers and industrial users. The company has non-binding letters of intent from six of Australia’s largest energy retailers to purchase natural gas with an aggregate volume of 875 MMcf/d for up to 10 to 15 years. Additionally, Tamboran Resources Corp has entered into non-binding memorandums of understanding with bp and Shell for the potential purchase of up to 2.2 Mtpa of LNG each over a 20-year term from its proposed NTLNG development. The company also has a long-term gas sales agreement with the NT Government to supply approximately 40 MMcf/d from the Shenandoah South Pilot Project for an initial term of nine years, starting in H1 2026.