Tamboran Resources Raises A$282.6M for Beetaloo Basin Development
Tamboran Resources has raised A$282.6 million through a combination of retail and institutional entitlement offers, as well as previous public offerings, to fund its upstream gas development in the Beetaloo Basin. The funds will be used for additional drilling, resource delineation, and general corporate purposes. The company also reported its strongest flow test in the Beetaloo Basin to date.
Topics: Beetaloo Basin drilling equity raise fundraising Tamboran Resources