TBN 3.57% 14.5¢ tamboran resources corporation

"Seeking to raise capital to fund the drilling, completion and...

  1. 94 Posts.
    lightbulb Created with Sketch. 14
    "Seeking to raise capital to fund the drilling, completion and infrastructure requirements to reach plateau rates from the proposed Shenandoah South Pilot Project"

    "FID is targeted in mid-2024"

    "Additional capital will fund the proposed NTLNG pre-FEED activities, other Beetaloo Basin activities and general working capital"

    "Upon the successful completion of the IPO, Tamboran will trade on the NYSE under the ticker TBN"

    "US market has deep knowledge of the development of shale gas resources and a long history of supporting gas companies to fund their developments"

    "Board believes the US listing will deliver Tamboran shareholders a greater reflection of the value of company’s assets"

    https://oilman.beehiiv.com/p/oilman-jims-letter-june-23-2024

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