Earnings summaries and quarterly performance for Tamboran Resources.
Executive leadership at Tamboran Resources.
Board of directors at Tamboran Resources.
Research analysts who have asked questions during Tamboran Resources earnings calls.
AK
Anish Kapadia
Hannam & Partners
3 questions for TBN
CM
Charles Meade
Johnson Rice & Company L.L.C.
3 questions for TBN
Also covers: APA, BRY, COP +17 more
JG
Jeff Grampp
Northland Securities, Inc.
3 questions for TBN
Also covers: BWXT, FTK, HNRG +7 more
PD
Paul Diamond
Citigroup
3 questions for TBN
Also covers: AR, CHRD, CRK +9 more
Khalid Yasin
Bank of America
2 questions for TBN
SH
Scott Handled
RBC Capital Markets
2 questions for TBN
Kalei Akamine
Bank of America
1 question for TBN
Also covers: CNX, COP, CRC +9 more
Scott Hanold
RBC Capital Markets
1 question for TBN
Also covers: APA, CHRD, CIVI +13 more
Recent press releases and 8-K filings for TBN.
Tamboran Resources Sanctions Pilot Project, Boosts Funding, and Expands Acreage
TBN
Earnings
New Projects/Investments
M&A
- Tamboran Resources sanctioned the Shenandoah South Pilot Project, targeting initial gas sales in mid-2026.
- The company ended the quarter with $39.6 million in cash and expects near-term cash inflows of $100 million from a public offer, PIPE transaction, and acreage sale, positioning it to fund the pilot project.
- Tamboran is acquiring Falcon Oil and Gas, which will increase its acreage position to 2.9 million net acres and is expected to complete in Q1 2026.
- Construction of the Sturt Plateau Compression Facility (SPCF) is 68% complete and on track for first gas in mid-2026.
Nov 13, 2025, 10:00 PM
Tamboran Resources Sanctions Pilot Project, Secures Funding, and Advances Strategic Acquisitions in Q1 2026
TBN
New Projects/Investments
M&A
Debt Issuance
- Tamboran Resources sanctioned the Shenandoah South Pilot Project, targeting first gas sales in mid-2026. Construction of the Tamboran-operated Sturt Plateau Compression Facility (SPCF) is 68% complete and on track, and the APA-operated Sturt Plateau Pipeline also commenced construction.
- The company completed a public offer raising $56.1 million and expects to raise up to $32 million via a PIPE transaction, subject to shareholder vote. Tamboran ended the quarter with $39.6 million in cash and anticipates near-term cash inflows of $100 million. Additionally, up to $118 million was secured through a financing facility for SPCF construction.
- Tamboran announced the acquisition of Falcon Oil and Gas subsidiaries, which is expected to complete in Q1 2026 and will increase Tamboran's net acreage to 2.9 million acres in the Beetaloo Basin. The farm-out process for the Phase Two Development Area, now covering 500,000 acres, is also expected to finalize in Q1 2026.
- Baker Hughes made a $10 million equity investment and entered a preferred services agreement to support the Beetaloo Basin development.
Nov 13, 2025, 10:00 PM
Tamboran Resources Corporation sanctions Shenandoah South Pilot Project, announces funding, acquisition, and CEO change
TBN
CEO Change
New Projects/Investments
M&A
- Tamboran Resources Corporation sanctioned the Shenandoah South Pilot Project, with first gas sales to the Northern Territory market anticipated in mid-2026.
- In October 2025, the company completed a US$56.1 million Public Offer at US$21.00 per share and entered into agreements for a Private Investment in Public Equity (PIPE) transaction of up to US$32.0 million. This contributes to a pro forma cash balance of ~US$140 million as of September 30, 2025, including expected near-term inflows.
- Tamboran announced the expected acquisition of Falcon Oil & Gas Ltd. in September 2025, which will increase its Beetaloo Basin acreage to 2.9 million net prospective acres.
- The first batch drilling program in the Beetaloo Basin was successfully completed, and the stimulation program for the SS-6H well commenced in early November 2025. Richard Stoneburner was appointed interim Chief Executive Officer in July 2025.
Nov 13, 2025, 9:07 PM
Tamboran Resources Corporation Completes Public Offering and Announces Additional Capital Raises
TBN
New Projects/Investments
- Tamboran Resources Corporation raised US$56.1 million through a Public Offering of 2,673,111 shares of Common Stock at US$21.00 per share, resulting in approximately US$52.5 million in net proceeds after deducting underwriters discounts and offering expenses.
- The Public Offering included a US$10 million investment from new Strategic Partner, Baker Hughes.
- Concurrently, Tamboran entered into subscription agreements for a Private Investment in Public Equity (PIPE) with expected gross proceeds of up to US$29.3 million, and intends to launch a Share Purchase Plan (SPP) targeting up to US$30 million, both at the same US$21.00 per share price.
- The proceeds from these offerings will be used to fund Tamboran’s development plan, working capital, and other general corporate purposes.
Oct 24, 2025, 8:45 PM
Tamboran Resources Corp. Entity Secures A$179.8 Million Syndicated Facility
TBN
Debt Issuance
New Projects/Investments
- On September 30, 2025, SPCF Financing Pty Ltd, an entity in which Tamboran Resources Corp. holds an indirect 50% interest, entered into a syndicated facility agreement for up to A$179,816,654 million to finance the ongoing development of the Sturt Plateau Compression Facility (SPCF).
- The facility is structured into three tranches: Tranche 1A (A$75 million), Tranche 1B (A$14,908,327 million), and Tranche 2 (A$89,908,327 million).
- The Northern Territory Government provides a guarantee up to A$75 million for Tranche 1A and Tranche 1B, for which SPCF Financing will pay a guarantee fee of 4.00% per annum. Tamboran Resources Corporation and its wholly-owned subsidiaries also provide a guarantee for Tranche 1A and Tranche 1B.
- Interest on the facility is based on the Australian Bank Bill Swap Rate plus a margin, which is 8.00% for Tranche 1 and 12.00% for Tranche 2 prior to the Tranche 1 Guarantee Release Date. An upfront fee of 2.00% of the aggregate facility amount is payable on first utilization.
Oct 3, 2025, 12:51 PM
Tamboran Resources to Acquire Falcon Oil & Gas Ltd. Subsidiaries
TBN
M&A
New Projects/Investments
Takeover Bid
- Tamboran Resources Corporation has entered into a definitive agreement to acquire Falcon Oil & Gas Ltd.'s subsidiaries for 6,537,503 shares of Tamboran NYSE Common Stock and US$23.7 million in cash.
- The transaction values Falcon's subsidiaries at C$239 million (US$172 million), reflecting a 19.7% premium over Falcon's closing price on the TSX on September 29, 2025.
- This acquisition will create a ~2.9 million net prospective acre Beetaloo Basin leader, increasing Tamboran's net prospective acreage by >50% and its interest in the Phase 2 Development Area to 80.62%.
- The deal is accretive to Tamboran stockholders, with Falcon's implied acreage value of US$169 per acre reflecting a 4% discount to Tamboran's current implied acreage value of US$176 per acre.
- Upon completion, Falcon shareholders will own approximately 26.8% of the pro forma business, which will have a market capitalization of >US$500 million. The transaction is expected to close in 1Q 2026, subject to various approvals.
Sep 30, 2025, 1:07 PM
Tamboran Resources Reports Q4 2025 Results, Details Operational Milestones and Strategic Progress
TBN
Earnings
New Projects/Investments
Board Change
- Tamboran Resources ended Q4 2025 with US $45.2 million in cash and US $26 million in receivables, totaling $71.1 million. The company is also progressing discussions to secure financing for the remaining $70-80 million needed for the SPCF construction.
- The company announced record flow rates from the SS2H ST1 well, which showed a 2% increase in flow over the final 30 days of testing without intervention, and commenced an aggressive three-well drilling campaign, achieving record drilling speeds on the second well.
- Tamboran is conducting a farmout process for approximately 400,000 acres in the Beetaloo Basin, attracting strong interest, with a conclusion anticipated around Q1 2026.
- Consent was secured from native title holders to sell appraisal gas for three years, and the SPCF compression and dehydration facility is on track for completion and commissioning in mid-2026, aligning with the commitment to commence gas sales by that time.
- The board was strengthened with the addition of Mr. Scott Sheffield and Mr. Philip Pace as Non-Executive Directors, and the search for a new CEO is expected to conclude before the end of the calendar year.
Sep 25, 2025, 9:00 PM
Tamboran Resources Reports Q4 FY25 Results and Leadership Changes
TBN
Earnings
Management Change
New Projects/Investments
- Tamboran Resources reported a cash balance of US$45.2 million as of June 30, 2025, with pro forma cash and receivables totaling US$71.1 million.
- The company achieved record Beetaloo Basin IP90 flow rates of 6.7 MMcf/d from the SS-2H ST1 well and commenced the largest drilling program in the basin's history, successfully drilling the SS-4H and -5H wells to target depth.
- Regulatory approval was secured from the Northern Territory Government in September 2025 to sell appraisal gas from the proposed Shenandoah South Pilot Project, with gas sales expected to commence in mid-2026.
- In July 2025, Mr. Dick Stoneburner was appointed interim CEO, and Mr. Scott Sheffield and Mr. Phillip Pace joined the board as Non-Executive Directors.
Sep 25, 2025, 8:05 PM
Quarterly earnings call transcripts for Tamboran Resources.
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