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0.0181474103585658 0.0135015493581231 -0.00376272687029647 -0.00309871624612662 0.00354138999557334 0.00354138999557334 0.00354138999557334 0.00354138999557334
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Tamboran Touts Stimulation Results for Another Beetaloo Well [Yahoo! Finance]

Tamboran Resources Corporation Common stock (TBN) 
Company Research Source: Yahoo! Finance
sub-basin onshore Australia's Northern Territory yielded a record average 20-day initial production flow rate of 10.3 million cubic feet a day (MMcfd), Tamboran Resources Corp said. The gas in the Shenandoah South 6H (SS-6H) well came from an 8,635-foot horizontal section within the Mid Velkerri B Shale, Sydney-based Tamboran said in an online statement. "On a normalized basis, SS-6H achieved a flow rate of 11.9 MMcfd per 10,000 feet, which compares favorably to the average performance of more than 11,000 producing wells in the Marcellus Shale dry gas fairway with over 12 months of production history", Tamboran said. "The flow test has now been concluded, with the well delivering a stable rate of 8.8 MMcfd (normalized to 10.2 MMcfd per 10,000 feet) at a flowing wellhead pressure of approximately 580 psi. "At the conclusion of the flow test, water was continuing to unload at a rate of ~270 barrels per day, indicating the well was still in the process of cleaning up. "All key Show less Read more
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