Northern Oil And Gas, Inc. rose 2.05% in after-hours trading, with the company's joint venture partner, Tamboran (B2) Pty Limited, securing approval from the Northern Territory Government for the Beneficial Use of Gas agreement. This approval allows for the sale of appraisal gas from the Shenandoah South Pilot Project, marking the first approval granted by the NTG under the new BUG legislation.
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