Tamboran Resources Corporation (ASX:TBN) is a natural gas company that intends to play a constructive role in the global energy transition towards a lower carbon future by developing low CO2 unconventional natural gas resources in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia. Tamboran's key assets are a 25% working interest in EP 161 and a 100% working interest in EP 136, EP 143 and EP(A) 197 which are located in the Beetaloo Sub-basin.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) today announced the pricing of its initial public offering of 3,125,000 shares of Common Stock at a price to the public of US$24.00 per share, raising gross proceeds of US$75 million.
Tamboran Resources Corporation's (ASX:TBN) (OTCMKTS:TBNNY) development of the Beetaloo Basin has been awarded Major Project Status by the Northern Territory Government (NTG).
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) has publicly launched its proposed New York Stock Exchange (NYSE) Initial Public Offering (IPO) with an offering price range of US$24 - 27 per share.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) intends to list its shares of common stock on the New York Stock Exchange (NYSE) via a US Initial Public Offering (IPO) under the ticker "TBN".
In February 2024, Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) announced 30-day initial production (IP30) flow rates from the Shenandoah South 1H (SS-1H) well in EP 117.
Tamboran Resources Corporation's (ASX:TBN) (OTCMKTS:TBNNY) Shenandoah South 1H (SS-1H) well in EP 117 achieved an average 90-day initial production (IP90) flow rate of 2.9 million cubic feet per day (MMcf/d) over the 1,644-foot, 10 stage stimulated length.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) signs binding GSA with the Northern Territory Government to supply 40 TJ per day for ~15 years from the proposed Shenandoah South Pilot Project.
Tamboran Resources Corporation's (ASX:TBN) (OTCMKTS:TBNNY) Shenandoah South 1H (SS-1H) well in EP 117 achieved an average 60-day initial production (IP60) flow rate of 3.03 million cubic feet per day (MMcf/d) over the 1,644-foot, 10 stage stimulated length within the Mid Velkerri B Shale.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) has increased its working interest in the proposed Shenandoah South Pilot Project to a minimum of 47.5% following a decision by Falcon Oil & Gas Australia Limited (Falcon) to limit its participation.
Tamboran Resources Corporation (ASX:TBN) (OTCMKTS:TBNNY) is the largest acreage holder and operator with ~1.9 million net prospective acres in the Beetaloo Basin of the Northern Territory, focused on the development low reservoir CO2 natural gas resources within its portfolio.
