Commencement of SS-2H ST1 and SS-3H stimulation campaign By Investing.com

Highlights

• Tamboran has commenced stimulation activities of the Shenandoah South 2H sidetrack (SS-2H ST1) and 3H (SS-3H) wells in Beetaloo Basin exploration permit EP 98.
• The Company is planning to pump up to 119 stimulation stages across the two wells with reduced spacing between stages. The SS-2H ST1 well is planned to include 43 stages over a 5,427-foot (1,654-metre) horizontal section and the SS-3H well is planned to include 76 stages over a 9,766- foot (2,977-metre) horizontal section.
• The campaign is being conducted with the Liberty Energy (NYSE: LBRT) modern stimulation equipment, which is the first 80,000 hydraulic horsepower (HHP) frac spread imported into the Beetaloo Basin from the US.
• The increased horsepower from the Liberty equipment is expected to result in a >25% increase in proppant intensity of >2,800 pounds per foot, as compared with Shenandoah South 1H well. All stages are being pumped with a slickwater fluid design.

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