Tamboran Resources Corporation (ASX:TBN; NYSE:TBN) has set out its growth path in the Beetaloo Basin, highlighting record well performance and near-term gas production as it prepares to deliver first sales into Darwin by mid-2026. Chair and Interim CEO Dick Stoneburner pointed to the Shenandoah South Pilot Project, where drilling and infrastructure are underway to support ~40 TJ/d (~39 MMcf/d) of gas sales, backed by Northern Territory government approvals and agreements under Beneficial Use of Gas legislation.
Tamboran’s agreed acquisition of Falcon Oil & Gas expands its footprint to ~2.9 million net acres and over 40,000 drilling locations, simplifying joint venture governance and strengthening its position ahead of a Phase 2 farm-out. Stoneburner said the company is now targeting a staged scale-up, with ~1 Bcf/d of gross production into the East Coast from 2029–30, and longer-term aspirations of 2 Bcf/d through LNG backfill and a potential NT-LNG development in the early 2030s.
To hear more from Dick Stoneburner on Beetaloo’s record flow tests, the Falcon transaction and the company’s roadmap to first gas, watch the full presentation. Click
here to learn more about the company.
