Tamboran Resources prices $35 common-stock offering, raises ~$97.3M net from underwritten deal
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Tamboran Resources raised approximately $97.3 million net from an underwritten offering of common stock to fund drilling and development activities. The offering closed on April 9, 2026, with 2,956,602 shares sold and an option for underwriters to purchase an additional 443,491 shares. Proceeds will support resource delineation in the Orion Acreage and Beetaloo Central Development Area, as well as drilling in EP 161. RBC Capital Markets and Wells Fargo served as joint book-running managers for the offering.
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