Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said:
“Despite what has been reported by media with regards to injunction proceedings that took place on 30 June 2022, work has not stopped with regards to Tamboran’s planned and approved EP 136 civil works program on Tanumbirini Station.
“The injunction brought by Rallen Australia (Rallen) was misconceived as Tamboran is yet to issue a formal notice to Rallen regarding the construction of a Western Access Track, nor did Tamboran have any present intention to undertake works on that track. As a result, Rallen conceded that the injunction orders be lifted with immediate effect.
“Rallen’s media statement, released 30 June 2022, continues to mislead the Australian public as to Tamboran’s business. This shows the lengths the foreign owned pastoral leaseholder is undertaking to deny jobs and royalties to Territorians and affordable gas to Australian households and businesses at a time when cost of living pressures are impacting the economy.
“Pastoral leaseholders and exploration companies have a long history of working alongside each other across Australia and we remain committed to conducting our activities in accordance with the approved work program.”