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Tamboran Advances Beetaloo Gas Development with $15M Acreage Sale to Daly Waters

2:36am on Monday 2nd of June, 2025 AEST Energy
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Tamboran Advances Beetaloo Gas Development with $15M Acreage Sale to Daly Waters

2:36am on Monday 2nd of June, 2025 AEST
Key Points
  • US$15 million acreage sale to Daly Waters Energy for 100,000 acres
  • Tamboran retains approximately 1.9 million net prospective acres post-transaction
  • 406,693 gross acres designated as Phase 2 Development Area focused on East Coast gas supply
  • RBC Capital Markets engaged to facilitate farm-down process post-June 2025 well results
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