Tamboran strikes out on its own in the Beetaloo
The Northern Territory blocks share characteristics with the US Marcellus play and could become a major supplier to the gas-hungry east coast market
Independent developer Tamboran Resources is preparing to forge its own path in the promising Beetaloo sub-basin’s shale plays once its acquisition of explorer Sweetpea Petroleum closes. Northern Territory-focused Tamboran has set its sights on Sweetpea’s wholly owned and operated exploration permit (EP) 136, which straddles what CEO Joel Riddle dubs the “core Beetaloo”, an area of the basin analogous with the most productive zones in the US’ Marcellus shale play. Riddle tells Petroleum Economist that the block, given its close proximity to several other promising plays, could turn Tamboran into a major supplier of gas to the east coast market within the next five years—just in time to feed t
Also in this section
12 February 2026
Europe’s focus has shifted from pipeline dependence to price discipline, with the newfound flexibility and greater security coming at a higher cost, panellists said at LNG2026
12 February 2026
Oil and gas major unconcerned by potential supply glut as it bets on growing demand in transport and other sectors, and on the fuel’s long-term role as a ‘stabilising force’ for future energy systems
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
