Australia's Tamboran Resources hits three-week high on gas-sale approval

Falcon Oil & Gas

01/09/2025 04:06

** Shares of Australia's Tamboran Resources Corp TBN.AX rise 4.6% to A$0.1725, their highest level since August 11

** Natural gas company gets approval from the Northern Territory government to sell appraisal gas from exploration in the Beetaloo Basin in Northern Territory

** The Beetaloo joint venture, including TBN and Falcon Oil & Gas Australia FO.V, now holds all necessary approvals to sell gas from the Shenandoah South Pilot Project in Northern Territory, co says

** Session lifts YTD gains to 19%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))