Tamboran Resources (ASX:TBN) and Daly Waters Energy began initial gas sales from the Shenandoah South pilot project in the Beetaloo Basin, Northern Territory, according to a Monday Australian bourse filing.
Field production is expected to ramp up to the full 40 terajoules per day contracted to the Northern Territory government under a long-term take-or-pay agreement by early 2027.
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