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0.000787401574803133 -0.00708661417322847 0.0086614173228346 -0.0200787401574804 0.0196889763779527 0.0352125984251967 0.0220472440944881 0.0224409448818898
Stock impact report

Tamboran Reaches Final Investment Decision on its Shenandoah South Pilot Project [Yahoo! Finance]

Tamboran Resources Corporation Common stock (TBN) 
Company Research Source: Yahoo! Finance
Pilot Project, which is currently on track to commence first gas sales from mid-2026. The decision by the BJV to take FID follows the execution of key commercial documents with APA Group and the SPCF Trust. This follows the signing of agreements with Native Title Holders, the Northern Land Council and the Northern Territory Government to secure approvals required to commence sales of appraisal gas under the Beneficial Use of Gas (BUG) legislation. Tamboran and Daly Waters Infrastructure, LP (DWI) have also secured up to A$179.8 million (~US$118 million) via a three-tranche financing facility with a consortium of lenders for the construction of the Sturt Plateau Compression Facility (SPCF). Tamboran is now in a position to fund its share of the upstream drilling and stimulation of the remaining Pilot Project wells required to reach plateau production and construction of the SPCF, subject to successful completion of the remaining wells, and receiving the US$15 million from DWE for Show less Read more
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