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Tamboran Resources Raises Up to US$198 Million to Accelerate Beetaloo Basin Development
12:02pm on Thursday 9th of April, 2026 AEST
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Energy
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Tamboran Resources Raises Up to US$198 Million to Accelerate Beetaloo Basin Development
12:02pm on Thursday 9th of April, 2026 AEST
Key Points
US$103 million raised via underwritten public offer at US$35 per share
Institutional entitlement offer raised approximately US$60 million
Retail entitlement offer planned to raise up to US$19 million, partially underwritten
Funds to support drilling in Pilot Area, Orion Acreage, BCDA, and EP 161 acreage
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