Formentera Partners and Daly Waters Energy Achieve First Natural Gas Sales from the Beetaloo Basin
Formentera Partners, its Australian operating company Daly Waters Energy, and joint-venture partner Tamboran Resources announced first sales of natural gas from the Shenandoah South Pilot Project in Australia's Beetaloo Basin. This marks the first natural gas ever sold from the Beetaloo Basin and will be used to power Darwin, the Northern Territory's capital.
Why it matters — This milestone represents Tamboran's first natural gas sales from the Beetaloo Basin, a significant operational achievement for the company and its joint-venture project.