Tamboran Resources Corporation (TBN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Tamborin Resources Fiscal Year 2025 fourth quarter earnings release. At this time, all participants are in a listen-only mode. A question and answer session will follow the phone presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Dick Stoneburner. Thank you. You may begin. Hello, everyone, and welcome to Tamborin Resources Financial Year 2025 Fourth Quarter Earnings Presentation. My name is Dick Stoneburner, and I am the Chairman and Interim CEO of Tamborin. And I'm joined here today by our Chief Financial Officer, Eric Dyer. Moving to slide two, you can see our disclaimer, which relates to forward-looking statements within the presentation. I encourage you to review this at your leisure. Moving to slide three. The fourth quarter has been a period of incredible activity for Tamborin. We delivered and announced record flow rates from the 5,500-foot horizontal section in the SS2H sidetrack worn well. Importantly, the well delivered an extremely flat decline over the 90-day period, including a surprising 2% increase over the last 30 days of testing without downhole intervention or changes to the choke. I believe we could be seeing the enhanced matrix connectivity achieved during the simulation program and performance from a formation that has 40 percent higher gas in place and 20 percent higher TOC than the Marcellus Shale. In July, we commenced the most aggressive drilling campaign in the history of the Bulu Basin. The program includes three wells that have been drilled utilizing batch drilling techniques, each with a 10,000-foot horizontal section within the Med Valkyrie B Shale. I'm happ...