09/16/2024 | Press release | Archived content
Background
Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said:
"Tamboran's activities are subject to an Environmental Management Plan and Water Extraction License Applications approved by the Independent NT Environmental Protection Agency and the Northern Territory Environment Minister. All water use is subject to a water extraction license which ensures the volume of water used is sustainable and consistent with the NT Water Allocation Plan (WAP).
"Tamboran's proposed WAP represents only 5.6% of the industry allocation within this WAP, or 0.2% of the estimate sustainable yield. Tamboran is confident in our assessment that our current activities do not have a significant impact on water resources, and we welcome further confirmation from the IESC to this effect."