Tamboran Resources Corporation's 1Q FY25 highlights include completing the drilling of the SS-2H well, which is the first well drilled with a ~10,000 foot horizontal section in the Beetaloo Basin. The company is progressing with the development of the first local sand mine in the Beetaloo Basin, which is expected to support a material reduction in completion costs. Tamboran had US$81.6 million in cash, including US$7.6 million received from the sale of the US rig.