Highlights
• Tamboran has commenced stimulation activities of the Shenandoah South 2H sidetrack (SS-2H
ST1) and 3H (SS-3H) wells in Beetaloo Basin exploration permit EP 98.
• The Company is planning to pump up to 119 stimulation stages across the two wells with reduced
spacing between stages. The SS-2H ST1 well is planned to include 43 stages over a 5,427-foot
(1,654-metre) horizontal section and the SS-3H well is planned to include 76 stages over a 9,766-
foot (2,977-metre) horizontal section.
• The campaign is being conducted with the Liberty Energy (NYSE: LBRT) modern stimulation
equipment, which is the first 80,000 hydraulic horsepower (HHP) frac spread imported into the
Beetaloo Basin from the US.
• The increased horsepower from the Liberty equipment is expected to result in a >25% increase
in proppant intensity of >2,800 pounds per foot, as compared with Shenandoah South 1H well.
All stages are being pumped with a slickwater fluid design.
Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said:
“We are excited to commence the stimulation program for the SS-2H ST1 and SS-3H wells in the Beetaloo
Basin with Liberty Energy's modern stimulation equipment. The increased horsepower of this equipment is
expected to deliver a step change in stimulation efficiency and proppant intensity compared to previous
wells completed in the Basin.
“This stimulation campaign is planned to be the largest in the Beetaloo Basin to date, with up to 119 stages
over a full lateral length of 15,193 feet (~4,631 meters) across the two wells, an average of ~127 feet per
stimulated stage.
“Importantly, these wells are planned to be among the first to provide reliable energy to the Northern
Territory, with production expected to feed into the proposed 40 MMcf/d Shenandoah South Pilot Project.
“We have successfully undertaken stimulation programs during the wet season in the Basin over the last
two years, with campaigns at Amungee 2H (2022/23) and Shenandoah South 1H (2023/24). This
experience gives us confidence in our ability to safely and efficiently conduct these operations year-round.”
This announcement was approved and authorized for release by Joel Riddle, Chief Executive
Officer of Tamboran Resources Corporation.
