Tamboran Resources Corporation has secured an important agreement with Native Title Holders and the Northern Land Council, allowing the sale of appraisal gas under the Beneficial Use of Gas legislation from its exploration permits in the Beetaloo Basin. The deal provides the necessary consent for the Beetaloo Joint Venture to market gas recovered from EP 98 and EP 117 at a rate of up to 60 terajoules per day from the proposed Shenandoah South Pilot Project over a three‐year period. In tandem, the Joint Venture has entered into a contract to supply 40 million cubic feet per day to the Northern Territory Government until mid‑2041, with first gas targeted for mid‑2026, subject to weather conditions and customary stakeholder approvals. The arrangement marks a breakthrough for Tamboran Resources Corporation as it becomes the first operator in the Beetaloo Basin to secure such native title consent under the legislated appraisal framework. The company underscores its commitment to maintaining strong relationships with Native Title Holders, promising continued financial benefits, training, employment, and contracting opportunities for the local community while contributing to regional energy security. Tamboran’s focus remains on progressing necessary ministerial approvals under the Petroleum Act, with its application to recover gas on an appraisal basis already underway. The technical details in the announcement include the use of appraisal permits EP 98 and EP 117 to recover gas and the significant supply agreement that supports regional energy needs by feeding into the gas-fired generation that powers the Northern Territory. These developments are integral to Tamboran’s broader objective of establishing a genuine partnership with local stakeholders and paving the way for longer-term production approvals from government authorities. Market sentiment may lean in a bullish direction as this historic agreement is seen as a catalyst for advancing Tamboran’s development plans, reinforcing its role as an energy provider and potentially driving future revenue growth. On the other hand, bearish concerns persist regarding the project’s dependency on further ministerial approvals, as well as the inherent risks associated with early-stage exploration and extensive capital requirements. For beginner traders, the news balances positive long-term potential with the caution warranted by the uncertainties in the path to commercial gas production.