Tamboran Resources (NYSE:TBN) said it remains on track to deliver first gas from its Beetaloo Basin pilot project in the third quarter of the calendar year, as the company highlighted farm-out activity, recent financing and upcoming drilling and stimulation work during its fiscal 2026 third-quarter earnings call.
Chief Executive Officer Todd Abbott said the March quarter was “eventful” for Tamboran, pointing to progress on the company’s Beetaloo Basin strategy and its effort to move toward initial production from the pilot area. Abbott said the company is continuing to pursue a joint venture with a strategic partner for its Orion Block north of the pilot area, while noting that recent transactions in the basin have changed the market backdrop.
