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Tamboran Raises $56M, Teams Up with Baker Hughes to Accelerate Beetaloo Gas Development
10:12am on Monday 27th of October, 2025 AEDT
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Energy
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Tamboran Raises $56M, Teams Up with Baker Hughes to Accelerate Beetaloo Gas Development
10:12am on Monday 27th of October, 2025 AEDT
Key Points
US$56.1 million raised in public offering at US$21 per share
PIPE secured with up to US$29.3 million, including investments from key shareholders
Strategic services agreement signed with Baker Hughes for oilfield support
Share Purchase Plan targeting up to US$30 million to engage existing investors
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