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Tamboran Resources welcomes Beetaloo Basin fracking approval, as Northern Territory locals raise concerns over groundwater use

Tamboran Resources Fracking Northern Territory United States the Beetaloo Basin Erin ODonnell Samantha Dick
Tamboran Resources chief executive Joel Riddle spoke to reporters at Darwin Port. (ABC News: Roxanne Fitzgerald)

A US gas company with the biggest stake in the Beetaloo Basin has welcomed the approval of a full-scale fracking industry, promising "billions of dollars" in royalties.

For weeks, Tamboran Resources has been quarantining an enormous drill rig at Darwin Port while the Northern Territory government deliberated on its final decision on fracking in the Beetaloo Basin.

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