Beetaloo

Beetaloo Energy Operations Update

05/07/2026 Posted by Rachel

Beetaloo Energy is making progress in its Beetaloo Basin operations, reporting strong well performance and advancing infrastructure projects to the market on 1 July.

The company reports that flow testing at the Carpentaria-5H well is underway, showing a peak gas rate of over 14 terajoules (TJ) per day, with an average of 7 TJ/day and a current rate of about 6.7 TJ/day. The well is demonstrating a low rate of decline and continues to clean up, indicating strong reservoir performance and potential for higher long-term recovery.

Managing Director Alex Underwood advises: "We are on track to commence gas sales from the Carpentaria Pilot Project in Q4 2026.

Tamboran Resources Announce Results of Shenandoah South 6H

11/05/2026 Posted by Rachel

The Shenandoah South 6H (SS‐6H) well delivered a record average 20‐day initial production (IP20)flow rate of 10.3 million cubic feet per day (MMcf/d) from an 8,635‐foot (2,632‐metre) horizontalsection within the Mid Velkerri B Shale.

On a normalized basis, SS‐6H achieved a flow rate of 11.9 MMcf/d per 10,000 feet, which comparesfavorably to the average performance of more than 11,000 producing wells in the Marcellus Shaledry gas fairway with over 12 months of production history.

The flow test has now been concluded, with the well delivering a stable rate of8.8 MMcf/d (normalized to 10.

Tamboran Resources Announce Northern Territory Farm-In

06/04/2026 Posted by Rachel

Tamboran Resources and Formentera Partners (Formentera), the owner of Daly Waters Energy, LP (DWE), announced on March 31 they have executed a Farm-in Agreement to advance development of the Beetaloo Basin in Australia’s Northern Territory.

Under the Farm-in Agreement, Tamboran will farm down approximately 10,000 acres of its working interest across the Shenandoah North Pilot Area and the Shenandoah South Pilot Area (collectively the Pilot Area) and the Beetaloo Central Development Area (BCDA) to DWE. The Farm-in Agreement provides for a staged earn-in, up to ~US$28.5 million, subject to structured off-ramp provisions.

The agreement follows DWE announcing a strategic joint venture with INPEX Corporation (JPX: 1605, market capitalization of US$35 billion) (INPEX), Japan’s largest E&P and operator of the 8.9 MTPA (~1.2 Bcf/d) Ichthys LNG project in Darwin.