Beetaloo Basin Shale Gas Development

under construction

Tamboran Resources completed a major acquisition of Falcon Oil & Gas Ltd.'s subsidiaries, becoming the largest acreage holder in the Beetaloo Basin with plans for rapid shale gas development. The project involves drilling new wells, stimulating existing ones, and tying gas production into the Sturt Plateau Compression Facility for sales to the Northern Territory government. The development aims to provide significant gas supply to Australia and boost the Northern Territory economy, but faces financial, environmental, and social challenges.