Australia's Tamboran Resources at 2-week high after signing pipeline agreement
17/12/2024 01:32
** Shares of Tamboran Resources TBN.AX rise as much as
5.8% to A$0.138, their highest since Dec 2
** The oil and gas firm has signed an agreement with APA
APA.AX to deliver the Stuart Plateau Pipeline (SPP)
** The 37-kilometre SPP will connect the proposed Sturt
Plateau Compression Facility (SPCF) to the existing APA-owned
Amadeus Gas Pipeline (AGP), the delivery point for gas volumes
** About 3 million shares change hands, compared with the
30-day average volume of 971,763
** Stock has fallen 42.2% this year, as of last close
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
Recent news on Tamboran Resources
See all newsCorrected: First gas from Australia's Beetaloo puts shale ambition to the test
Australia's Tamboran Resources eyes best day in over two months
Tamboran Resources tumbles on deep-discounted share sale
Brief: Tamboran Resources Corp Prices Public Offering
Brief: Tamboran Resources Corp Announces Pro Rata Non-Renounceable Entitlement Offer Of Up To 2.3 Million Shares Of Common Stock