Tamboran farms down Beetaloo acreage in US$28.5m deal with Daly Waters Energy [Yahoo! Finance]
Tamboran Resources Corporation Common stock (TBN)
Company Research
Source: Yahoo! Finance
Tamboran Resources Corporation (NYSE:TBN, ASX:TBN, OTC:TBNRL, FRA:O8R) has agreed to farm down a portion of its Beetaloo Basin acreage to Daly Waters Energy (DWE), in a deal that values the assets at a premium and introduces up to US$28.5 million in funding support. The agreement, struck with DWE's owner Formentera Partners, covers around 10,000 acres across the Shenandoah North and South Pilot Areas and the Beetaloo Central Development Area (BCDA), and is designed to advance development of the basin while reducing Tamboran's capital burden. The farm-in provides for a staged earn-in by DWE, with total potential funding of up to US$28.5 million tied to development milestones and election to proceed through phases. Under Phase 1, DWE will fund US$11.6 million of Tamboran's share of future work programs across the Pilot Area. A further US$11.6 million carry is available under Phase 2, subject to DWE progressing, focused on the BCDA. An additional US$5.3 million milestone-based c
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TBN
News
- Tamboran Resources (TBN) had its "sell (d)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Tamboran Resources prices $103.5M public offering at $35.00 a share [Seeking Alpha]Seeking Alpha
- Pricing of Public Offering of Common StockBusiness Wire
- Tamboran Resources Corporation Public Offering of Common StockBusiness Wire
- Tamboran Resources Corporation Registered Direct Institutional Entitlement Offering of Common StockBusiness Wire
TBN
Earnings
- 2/11/26 - In-Line
TBN
Sec Filings
- 4/14/26 - Form 8-K
- 4/14/26 - Form 424B5
- 4/10/26 - Form 4
- TBN's page on the SEC website