Tamboran Resources Finalizes Checkerboard Deal with Daly Waters Energy, Announces $15 Million Acreage Sale

Reuters

05-13

Tamboran Resources Finalizes Checkerboard Deal with Daly Waters Energy, Announces $15 Million Acreage Sale

Tamboran Resources Corporation has announced the completion of a US$15 million acreage sale to Daly Waters Energy, LP (DWE) as part of a checkerboard agreement across the Beetaloo Basin's EPs 76, 98, and 117. This transaction grants DWE a non-operating and non-controlling interest in 100,000 acres within two areas. Upon finalization, Tamboran will retain approximately 1.9 million net prospective, development-ready acres in the Beetaloo Basin. Additionally, Tamboran will have a 58.12% operated interest in the 236,370 net acres over the Phase 2 Development Area, with DWE and Falcon Oil & Gas Australia Limited holding the remaining interests. The company plans to commence a formal farm-down process for this area in June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tamboran Resources Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250513389494) on May 13, 2025, and is solely responsible for the information contained therein.

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Tamboran Resources Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250513389494) on May 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4213","symbol_name":"石油與天然氣的勘探與生產","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250513:nNDL5Rq7fh:1","article_id":"2535779795","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535779795","pubTimestamp":1747143137,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Tamboran Resources Corporation has announced the completion of a US$15 million acreage sale to Daly Waters Energy, LP  as part of a checkerboard agreement across the Beetaloo Basin's EPs 76, 98, and 117. 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