Tamboran completes Largest Beetaloo stimulation campaign as first gas target nears

Tamboran Resources Corporation (ASX:TBN, NYSE:TBN, OTC:TBNRL) has completed the largest stimulation campaign undertaken in the Beetaloo Basin, advancing three Shenandoah South wells toward planned first gas sales in the third quarter of 2026. The company finished stimulation, cleanout and completion work at the SS-3H, SS-4H and SS-5H wells in the Northern Pilot Area, placing 178 stages across about 30,000 feet of the Mid Velkerri B Shale formation. The three-well zipper stimulation program, carried out using Liberty Energy’s frac fleet, averaged 6.7 stages per day and set basin records of more than 20 pumping hours in one day and 12 stages completed in a single day. Tamboran acreage position across the Beetaloo Basin depocenter. First locally sourced sand trial completed Tamboran also successfully deployed locally produced “Beetaloo Red” sand across 10 stages of the SS-4H lateral. Tracers were installed to compare the performance of the local material with imported sand, with the trial aimed at identifying further operating efficiencies and reducing development costs. Chief executive officer Todd Abbott said the campaign marked a significant operational achievement and demonstrated continued progress down the cost curve. “Together with the efficiency records set during this program, these trials represent further progress down the cost curve, and we continue to identify opportunities to optimize and improve performance...