Tamboran Secures Northern Territory Government Approval for Beneficial Use of Gas From SS Pilot Project
(NYSE:TBN) NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) Tamboran Resources Corporation Chairman and Interim CEO, Richard Stoneburner, said: “The BJV has secured an important milestone, being the first joint venture to secure NTG approval to sell gas under the BUG legislation. This approval will allow the BJV to sell gas to the NTG under a long-term GSA, delivering energy security to Territorians. “The BUG legislation has been a significant initiative undertaken by the Go
Related Questions
How will NTG approval for gas sales under the BUG legislation affect Tamboran's projected cash flows and earnings estimates?
What is the timeline for the gas offtake agreement and when can we expect revenue to be recognized from the SS Pilot Project?
How does this regulatory milestone position Tamboran relative to other gas producers in the Northern Territory in terms of market share and competitive advantage?