Tamboran begins Beetaloo sub-basin drilling campaign

**Tamboran Embarks on Ambitious Drilling Campaign in Beetaloo Sub-Basin**

In a significant development, Tamboran (B2) Pty. Ltd., in partnership with Falcon Oil & Gas Ltd., has kicked off a substantial drilling campaign in the Beetaloo sub-basin, Northern Territory, Australia. The joint venture began by spudding the Shenandoah South 2H (SS2H) horizontal well under exploration permit 98. This well marks the commencement of the largest single drilling campaign in the Beetaloo sub-basin to date, with both partners gearing up to capitalize on the basin’s vast potential.

### Key Highlights of the Drilling Campaign

– **Location and Rigging:** The drilling operation is taking place in the Beetaloo sub-basin, one of the most underexplored onshore basins in Australia. The project utilizes an H&P Rig, which will target the Amungee Member B-shale at an estimated target depth of 3,020 meters (9,910 feet). Each well includes a horizontal section of approximately 3,000 meters (9,842 feet).

– **Drilling Schedule:** The campaign involves the simultaneous drilling of two wells: the SS2H and the subsequent SS3H. Given the efficiency of the drilling process, each well is expected to be drilled in 30 days. This aggressive timeline reflects the operators’ confidence in their strategy and the capabilities of their equipment.

– **Focus on Amungee Member B-Shale:** The primary focus of this campaign is the Amungee Member B-shale formation. This formation has shown promising results in previous wells, including higher porosity and gas saturation, which indicates potentially higher productivity. The continuance of reservoir quality across large areas further underscores the feasibility of the Shenandoah South Pilot Project.

### Stimulation and Flow Testing

Following the drilling of both wells, the focus will shift to stimulation. The

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