Tamboran Expects Q1 2027 Take-or-Pay Stage on 40 TJ/Day Base

Tamboran Resources Corporation expects to reach the take-or-pay stage in the first quarter of 2027 after work on three additional wells is complete and they are connected to provide redundancy for its 40 TJ per day contracted revenue base.

Wells in the SS2 program are showing improved deliverability as they clean up. SS2-2H recorded a normalized rate of 18.4 million cubic feet per day per 10,000 feet. The company has not established consistent performance across wells, decline behavior or a type curve.

Tamboran ended the quarter with $165 million in cash. It has a further $15 million due from an acreage sale, subject to conditions. The company is also in discussions with potential partners and infrastructure providers, but has not given a timeline for a joint venture or liquidity guidance.

First gas sales began in September 2026.