Summary
Tamboran completes Falcon subsidiaries acquisition to build Beetaloo Basin position
Tamboran Resources Corporation (NYSE:TBN, ASX:TBN, OTC:TBNRL, FRA:O8R) has completed the acquisition of Falcon Oil & Gas Ltd’s subsidiaries, following final...
Tamboran Resources Q3 Earnings Call Highlights
Tamboran Resources NYSE: TBN said it remains on track to deliver first gas from its Beetaloo Basin pilot project in the third quarter of the calendar year, as the company highlighted farm-out activity, recent financing and upcoming drilling and stimulation work during its fiscal 2026 third-quarter earnings call.
Tamboran Resources: Well Cost Reductions Play A Key Role In Unlocking Beetaloo Basin
Tamboran is aiming to start commercial production in Australia's Beetaloo Basin later this year. This is considered a key future supply source for Australia's natural gas needs (including LNG exports). It is aiming to drive its well costs down significantly over time, going from $26 million currently to a 2030 target of $15 million for a 10,000-foot lateral.
Tamboran Resources Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BA Bobby Adusumilli SJS Investment Consulting Inc. | 446 | $12,144.58 | $15,025.74 | $2,881.16 | 23.72% |
| AS Arpan Shah XY Capital Ltd. | 9,277 | $252,613 | $312,263.82 | $59,650.82 | 23.61% |
Tamboran Resources Corporation (TBN) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Tamboran Resources Corporation ever had a stock split?
Tamboran Resources Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Todd C. Abbott CEO | NYSE Exchange | 87507T101 CUSIP |
| US Country | 39 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Tamboran Resources Corporation is a specialized natural gas company with its efforts concentrated on the exploration and development of unconventional gas resources within Australia's northern territory. The organization has established a significant presence in the Betaloo Basin, where it holds varying working interests across several exploration permits. Founded in 2009 and with its headquarters in Sydney, Australia, Tamboran Resources Corporation leverages its strategic assets and expertise in the energy sector to explore, develop, and possibly commercialize natural gas resources, aiming to meet the growing energy demands both locally and globally.
Products and Services
- Exploration and Development in EP 161
Tamboran holds a 25% non-operated working interest in Exploration Permit (EP) 161. This stake allows them to participate in the exploration and potential development of unconventional gas resources within this specified area, contributing to their overall asset portfolio in the Betaloo Basin.
- Working Interests in EPs 76, 98, and 117
With a 38.75% working interest in EPs 76, 98, and 117, Tamboran Resources Corporation plays a significant role in the exploration efforts within these permits. These interests represent a cornerstone of their operations in the Betaloo Basin, facilitating the exploration of additional unconventional gas resources.
- Full Ownership in EPs 136 and 143
Tamboran holds a 100% working interest in EPs 136 and 143, along with EP (A) 197. This full ownership underscores the company's commitment to the Betaloo Basin and enhances its ability to direct exploration and development activities within these areas fully. Such concentrated ownership positions Tamboran Resources Corporation for potential full-scale development and commercialization of discovered gas reserves.
