Ep 161 News Today

The re-domiciliation involves the transfer of all ordinary shares in Tamboran to a newly formed corporation established in the state of Delaware.

The company believes that the move will best position Tamboran group for the next phase of its growth as it seeks to accelerate the commercialisation of the Beetaloo sub-basin.

The revised flow rate data has resulted in an approximately 17% increase to the 14-day average gas flow rate.

Tamboran has 25% interest in EP 161, located in Australias Beetaloo sub-basin, while the rest is owned by Santos, which is the operator of the project.