Tamboran Resources Corporation has signed a landmark agreement with Native Title Holders and the Northern Land Council, paving the way for the sale of appraisal gas from its Beetaloo Basin exploration permits.

Under the deal — the first of its kind in the basin — the Native Title Holders have granted consent for the Beetaloo Joint Venture (BJV) to sell up to 60 terajoules of gas per day from Exploration Permits EP 98 and EP 117.

The gas will come from the proposed Shenandoah South Pilot Project over a three-year period, with the BJV now focusing on securing long-term production approvals.

As part of its supply commitments, the BJV has contracted 40 million cubic feet per day to the Northern Territory government until mid-2041.

This supply is expected to provide critical energy security for Territorians, with first gas planned for mid-2026, subject to weather and regulatory approvals.

Tamboran, which has longstanding ties with Native Title Holders across its operations, says it will continue to deliver financial benefits, training, employment, and business opportunities to local communities.

The company emphasised that the Beetaloo’s development would be a genuine partnership aimed at providing long-term economic and social benefits.

Richard Stoneburner, Chairman and Interim CEO of Tamboran Resources, described the agreement as a milestone for both the company and the region.

“This is a significant moment for Tamboran Resources, being the first operator in the Beetaloo Basin to secure Native Title Holder approval to sell gas under the legislated appraisal framework,” said Stoneburner.

Stoneburner said the company was grateful to the Native Title Holders and the Northern Land Council for their collaboration and vision in achieving such a positive outcome.

He noted that the agreement would deliver both financial and broader social benefits to the Native Title Holders, and that Tamboran looked forward to working alongside them to generate jobs, grow local businesses, and expand opportunities within the community.

Stoneburner added that gas from the Shenandoah South Pilot Project was expected to play a vital role in supporting the Northern Territory’s largely gas‑powered energy network, with meeting the Territory’s energy needs remaining the company’s key short‑term priority.

The Beetaloo Basin is regarded as one of Australia’s most promising onshore gas resources, and the agreement marks a crucial step toward unlocking its potential while fostering direct collaboration with Traditional Owners.