MARKETS

Tamboran closes 17% down

TAMBORAN Resources had fallen over 17% by the end of today after its lengthy announcement to market on the flow test results of the two horizontal wells it shares with Santos in the Beetaloo Sub-basin.

Helen Clark

The company treated the results of a combined 5 million cubic feet of gas per day from two 1000m horizontal sections as a win; however, the market didn't. Both were drilled to 660m, and the larger number...

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