Tamboran and Santos execute MOU to progress studies for Darwin LNG expansion
Tamboran Resources Corporation Common stock (TBN)
Company Research
Source: Business Wire
HighlightsTamboran Resources Corporation and Santos Limited (ASX: STO) have entered into a non-binding Memorandum of Understanding (MOU) to undertake technical studies relating to a potential Darwin LNG (DLNG) Train 2 expansion and collaborative work on the jointly owned EP 161 acreage (Santos 75% operator, Tamboran 25%) in the Beetaloo Basin.The goal of the studies is to evaluate options for supplying natural gas to a potential expansion train at the existing DLNG facility at Middle Arm. DLNG was approved to a nominal 10 million tonnes of LNG per annum (MTPA), with this expansion opportunity up to ~6 MTPA.Santos is the operator of the existing DLNG project with a 43.4% working interest.Tamboran and Santos are joint venture partners in the EP 161 acreage which holds ~300,000 acres of Mid Velkerri B Shale at depths below 8,850 feet (~2,700 metres). The region has demonstrated Marcellus Basin-type decline curves from two Tanumbirini wells that were drilled and flow tested in 2022.Tambor
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News
- Falcon completes SS2-1H well stimulation in Beetaloo sub-basin [Yahoo! Finance]Yahoo! Finance
- Tamboran Resources (NYSE:TBN) was upgraded by analysts at Wells Fargo & Company to a "strong-buy" rating.MarketBeat
- Tamboran Resources (NYSE:TBN) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating on the stock.MarketBeat
- Tamboran Schedules 1Q FY26 Earnings Release and WebcastBusiness Wire
- Tamboran Raises US$56.1 Million via Public Offering, Enters Into PIPE With Proceeds of up to US$29.3 Million, and Intends to Launch CDI Share Purchase Plan With Target Proceeds of up to US$30 MillionBusiness Wire
TBN
Earnings
- 11/13/25 - Miss
TBN
Sec Filings
- 12/8/25 - Form 8-K
- 11/25/25 - Form 4
- 11/25/25 - Form 8-K
- TBN's page on the SEC website