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NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chief Executive Officer, Joel Riddle, said: “The Shenandoah South 2H sidetrack well has delivered a record average IP30 flow result of 7.2 MMcf/d from the Beetaloo Basin to date. Results show a material step up in flow rate from a horizontal section stimulated approximately three times longer than the SS-1H well. “The IP30 flow rate over a 5,482-foot horizontal section is another posi.

Tamboran Resources Corporation has successfully closed the first tranche of its previously announced Private Investment in Public Equity (PIPE) of Common Stock. Proceeds will fund ongoing drilling activity towards plateau production from the proposed Shenandoah South (SS) Pilot Project. The second tranche, if completed, is expected to bring total gross proceeds to approximately US$55.4 million (AU$84.5M). Under the first tranche, Tamboran issued 2,180,515 shares of Common Stock at US$17.74 per share, raising approximately US$38.7 million before placement agent fees and other offering expenses. Bank of America acted as the sole placement agent. Proceeds from the first tranche will be directed towards development and drilling work necessary for Tamboran to achieve plateau production from the SS Pilot Project. This project represents a critical step in advancing the company's operations in the Beetaloo Sub-basin, Northern Territory. Tamboran is targeting an efficient transition into early

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Private Placement Transaction Pursuant to the First Tranche, a total of 2,180,515 Common Stock were issued within the Company's placement capacity under Listing Rule 7.1. An Appendix 2A with the details of the issue of new shares of Common Stock has been filed on ASX today. The Second Tranche of the Placement is subject to shareholder approval to be sought at a Special Shareholder Meeting of the Company held on or.

Falcon Oil & Gas Ltd. Beetaloo Operational Update – Stimulation Campaign & Remaining Shenandoah South Pilot Project 14 May 2025 – Falcon Oil & Gas Ltd.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chief Executive Officer, Joel Riddle, said: “We have engaged RBC Capital Markets to progress a farm down of acreage to carry Tamboran through the delineation of gas resources to underpin our Phase 2 strategy. “Tamboran and DWE will continue working together on the Pilot Area, where we are focused on the development of the proposed 40 MMcf/d Shenandoah South Pilot Project. Tamboran's r.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chief Executive Officer, Joel Riddle, said: “The additional capital, raised through the PIPE and the asset sale to Daly Waters allows us to be fully funded to drill and complete the three remaining wells that are expected to support production of appraisal gas reaching ~40 MMcf/d at our proposed Shenandoah South Pilot Project in mid-2026. The three well drilling program is planned to.

Tamboran Resource Corporation has appointed seasoned investment manager Jeff Bellman as a non-executive director, bolstering its board as the company progresses towards first gas production from the Beetaloo Basin in the Northern Territory. Bellman brings more than three decades of experience in the investment management industry, with a core focus on the global oil and gas sector. He has managed equity portfolios across a broad range of market capitalisations, developing enduring relationships with energy sector management teams over a 33-year career. The appointment, effective May 2, 2025, follows Bellman’s most recent role as managing director in the equities and fixed income group at Nuveen Investments, where he served for 12 years. “We are delighted to welcome Jeff at this important phase in the business, as we move towards first production from our Beetaloo Basin assets,” Tamboran chairman Dick Stoneburner said in a statement welcoming the appointment. “His background wil

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chairman, Mr. Dick Stoneburner, said: “We are delighted to welcome Jeff at this important phase in the business, as we move towards first production from our Beetaloo Basin assets. His background will enhance our Board's capabilities in supporting the financing of our phased asset commercialization. “We look forward to welcoming Jeff to Tamboran's Board.” Mr. Jeff Bellman Mr. Bellman.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) advises that Ms. Stephanie Reed has resigned as a Non-Executive Director of Tamboran's Board of Directors to focus on other business interests. Ms. Reed has been a valued member of the Company's Board since September 2023, serving on the Compensation and Sustainability Committees of the Board, and supporting the successful listing of Tamboran on the NYSE in June 2024. The Board would like to thank Ms. Reed for her d.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) plans to release the Company's third quarter earnings and operational update after NYSE market closes on Wednesday, May 14, 2025 (US time). Managing Director and Chief Executive Officer, Mr. Joel Riddle will host a webcast commencing at 6:00pm EDT to provide an update on the Company's operations in the Beetaloo Basin. This will be followed by a short Q&A session with analysts. Access to the live audio webcast fo.