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Talos posted $13.7 million in net income for the second quarter.

The acquisition will add production of approximately 30,000 boepd, expected for full-year 2024.

The production from the assets is largely focused on the Cardium and Leduc formations.

John Wood Group has been selected for the engineering phase of the Northern Territory LNG project.

Tamboran cleared to drill up to seven wells in the EP 136 permit - including the Maverick 1H well.

Tamboran sees the USA as a more suitable investment environment for the company's future compared to Australia.

Tamboran encountered 'significant gas' after achieving the fastest drilling in the Beetaloo Basin at A3H well.

The LOIs raise the total potential volume of Tamboran's Beetaloo Basin gas supply to 220 to 320 PJ a year.

Tamboran has raised its 2C estimate for the Australian basin by billions of cubic feet after reviewing drilling results.

Tamboran increased its estimates of recoverable resources in Australia's Beetaloo Sub-basin to a total of 2.1 Tcf in the unrisked best scenario.