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TBN - TAMBORAN RESOURCES LIMITED


nipper
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Tamboran Resources Limited (TBN) is a public natural gas company that specialises in development of unconventional gas in the Northern Territory, Australia. It was incorporated in Victoria on 10 February 2009 and is headquartered in Sydney, Australia.

 

Tamboran's key assets are a 25% working interest in EP 161 and a 100% working interest in EP 136 which are located in the Beetaloo Sub basin in the Northern Territory, Australia.

 

The Beetaloo Subbasin is an area of approximately 28,500 km2 that is considered to be highly prospective for unconventional gas. Beetaloo is a structural component of the Greater McArthur Basin in the Northern Territory, located about 500 kilometres southeast of Darwin, Northern Territory and is recognised as a close analogue to some of the most productive unconventional gas basins in North America.

 

Listing date... 23 June 2021 11:00 AM AEST ##

 

Principal Activities ... Natural gas exploration

Issue Price ... $0.40

Issue Type .... Ordinary Fully Paid Shares

Security code .... TBN

Capital to be Raised .... $66,000,000

Expected offer close date .... 11 June 2021

Underwriter..... Fully underwritten. MST Financial Services Pty Limited (Underwriter and Lead Manager)

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