Recent Updates — TBN

Tamboran Resources Corporation filed a Form 8-K on September 25, 2026, furnishing its fourth quarter fiscal year 2026 earnings presentation and press release. The company reported achieving first gas sales from the Beetaloo Basin into the Northern Territory gas market in early September 2026, with initial volumes of approximately 8-10 TJ/d ramping toward a contracted plateau of 40 TJ/d. Operational highlights include the completion of the Sturt Plateau Compression Facility (SPCF) on time and ~US$9 million under budget, and the execution of the largest stimulation campaign in the basin's history across three wells. The balance sheet strengthened with pro forma cash of ~US$240 million following a US$186 million equity raise in April 2026 and net drawn debt of US$30 million. Tamboran Resources Corporation is an independent natural gas exploration and production company focused on developing resources in the Beetaloo Basin of Australia.

Tamboran Resources Corporation filed an amendment to its Form 8-K to provide audited consolidated financial statements for Falcon Oil & Gas Ltd. and pro forma combined financial information related to the acquisition of Falcon's subsidiaries, which closed on May 28, 2026. The transaction involved Tamboran issuing approximately 6.5 million shares and paying $23.7 million in cash consideration. Falcon reported a net loss of $2.6 million for the year ended December 31, 2025, with total assets of $61.1 million and equity of $42.1 million. The acquisition expands Tamboran's exploration portfolio into Australia, Hungary, and South Africa. Tamboran Resources Corporation operates in the oil and gas industry, focusing on the exploration and development of unconventional energy assets.