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Tamboran Resources Announces First Natural Gas Sales in Vitillus Basin

Fortune ·

XOM ExxonMobil Holdings Corp
$168.94 +0.26%
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  1. 1Tamboran Resources and Daly Waters Energy announced the first natural gas sales in Vitillus in September.
  2. 2Tamboran paid an amount slightly exceeding the approximately $40 million paid for the acquisition of Origin Energy in 2022.
  3. 3Production is increasing up to 40 million cubic feet per day.

So what's the key point?

Tamboran Resources has started selling natural gas in Vitillus for the first time. The company is growing its business by increasing daily production up to 40 million cubic feet.

Source Fortune · View original ↗

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