EP 98 Operational Update: Tamboran Commence Shenandoah South Pilot Project drilling program
Tamboran Resources Corporation Common stock (TBN)
Company Research
Source: Business Wire
HighlightsTamboran Resources Corporation has commenced its Shenandoah South (SS) Pilot Project drilling program with the spudding of the Shenandoah South 2 (SS-2H) well in EP 98. The SS-2H well is being drilled off a new pad located approximately 3 miles north of the Shenandoah South 1H (SS-1H) well and within the Tamboran-operated SS Pilot Project area (47.5% working interest).Following the drilling of the SS-2H well, Tamboran will immediately drill the Shenandoah South 3H (SS-3H) well off the same pad ahead of the stimulation program.The SS-2H and SS-3H wells will be drilled with the Helmerich & Payne (NYSE: HP) super-spec FlexRig® Flex 3 rig and will target the Middle Velkerri B Shale at a depth of approximately 9,910 feet (3,020 metres). Each well is expected to be drilled in 30 days.Both the SS-2H and SS-3H wells are designed to include a 10,000-foot (3,000-metre) horizontal section and will each be stimulated with up to 60 stages utilizing the Liberty Energy (NYSE: LBRT) modern
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- Tamboran Resources Corp (NYSE: TBN) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $31.00 price target on the stock.MarketBeat
- Tamboran Schedules 1Q FY25 Earnings Release and Webcast [Yahoo! Finance]Yahoo! Finance
- Tamboran Schedules 1Q FY25 Earnings Release and WebcastBusiness Wire
- Institutions own 22% of Tamboran Resources Corporation (ASX:TBN) shares but individual investors control 55% of the company [Yahoo! Finance]Yahoo! Finance
- Tamboran Resources Corp (NYSE: TBN) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $31.00 price target on the stock.MarketBeat
TBN
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 11/7/24 - Form 8-K
- TBN's page on the SEC website