Tamboran (TBN) has released information on the initial flow rates from the Tanumbirini 2H and 3H wells (TBN 25%; Santos 75%), which we believe demonstrate that a future development is likely to be commerical. This has led to a >400% increase in its net 2C resources to 153bcf (26mmboe) based on only <4% of the prospective acreage of Block EP 161. T2H had 11 fracs performed over 660m horizontal section and flowed at a 14-day stabilised rate of 1.7mmcf/d, with a peak rate of 4mmcf/d. T3H had 10 fra ....
