Tamboran Resources Corp (TBN) Financial

Tamboran Resources Corp. engages in natural gas exploration and production. The company is headquartered in Sydney, New South Wales. The company went IPO on 2021-07-02. The firm is focused on supporting the net-zero carbon dioxide (CO2) energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Northern Territory of Australia. The company operates approximately 1.9 million net prospective acres in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia. The Beetaloo Basin is located in the Northern Territory of Australia, approximately 600 kilometers south of Darwin. Its key assets include a 38.75% working interest and operatorship in EPs 98, 117 and 76, a 100% working interest and operatorship in EP 136 and a 25% non-operated working interest in EP 161, which are all located in the Beetaloo Basin. EP 161 permit covers approximately 540,000 prospective acres. The company is also focused on developing the proposed Shenandoah South Pilot Project and Northern Territory LNG (NTLNG) development at Middle Arm in Darwin.