Primary ticker: ASX: TBN Stage of development: Exploration, Development Primary minerals: Energy Project to promote: Beetaloo Basin Project location: South Australia Website: www.tamboran.com
Tamboran Resources Limited is the largest acreage holder with ~1.9 million net prospective net acres in the Beetaloo Basin in the Northern Territory of Australia. The Company is focused on playing a constructive role in the global energy transition towards a lower carbon future, by developing the significant low CO2 gas resource within the basin. Cash: AUD$195M Debt: NIL Major Shareholders: Sheffield Holdings – 15% Longview 10%, Baupost – 9% Helmrich & Payne – 7% Lion Point – 5% Management Ownership – 13%
Management Profile
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What recent news would you like to highlight to investors attending?
Tamboran recently acquired Origin Energy’s Beetaloo Assets and fudned the purchase through a placement and strategic partnerships to raise up to ~$195 million
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Drilling 3 wells in the next 3 months
6 Months:
Well results in the next 6 months
12 Months:
Major reserve upgrade and commercial gas sale agreements