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-0.000564334085778869 -0.00197516930022574 0.000705417607223436 0.000423250564333901 -0.00169300225733641 0.00761851015801343 0.0152370203160271 0.0122742663656884
Stock impact report

Tamboran Resources: Well Cost Reductions Play A Key Role In Unlocking Beetaloo Basin [Seeking Alpha]

Tamboran Resources Corporation Common stock (TBN) 
Company Research Source: Seeking Alpha
This is considered a key future supply source for Australia's natural gas needs (including LNG exports). It is aiming to drive its well costs down significantly over time, going from $26 million currently to a 2030 target of $15 million for a 10,000-foot lateral. Well cost reductions will be key to Tamboran's success. Australian natural gas markets have premium prices, so Tamboran's operating margins per Mcf should be roughly double that of U.S. natural gas basins. Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » chameleonseye/iStock Editorial via Getty Images Tamboran Resources ( TBN ) is focused on exploring and commercializing natural gas production in Australia's Beetaloo Basin. The Beetaloo Basin is seen as a key future source of natural gas for Australia, although exploration/appraisal has been going on for More on my IG service Free Trial Offer We are currently offering a free two-week trial to D Show less Read more
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