28 May 2026asset acquisition disposition▲ GoodMajor
Tamboran completed its acquisition of Falcon Oil & Gas's subsidiaries, consolidating full ownership of the Beetaloo Basin joint venture that Falcon had partly held since before Tamboran's IPO.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 May 2026capital raising announcement▲ Good
A retail entitlement offer to existing shareholders raised a further A$24.8 million, completing the entitlement-offer round begun in April.
14 Apr 2026capital raising announcement▲ GoodMajor
Tamboran raised further capital across multiple channels: an A$37.1 million institutional entitlement offer to non-U.S. shareholders, an additional $14.7 million from underwriters exercising their option on the prior public offering, and a registered direct institutional entitlement offer.
6 Apr 2026business combination● Neutral
Tamboran and Falcon Oil & Gas pushed back the deadline to close their acquisition agreement by one month, from March 30 to April 30, 2026.
20 Mar 2026material agreement▲ Good
Tamboran and Daly Waters Energy amended their Beetaloo joint-venture agreement again, reshaping and expanding the designated development area by 100,000 acres.
28 Jan 2026business combination● NeutralMajor
Tamboran filed the final proxy statement for the Falcon deal and set a special shareholder meeting for March 3, 2026 (March 4 in Sydney) to vote on issuing 6,537,503 shares to Falcon, an ASX capacity approval and an adjournment proposal. The deal terms are unchanged from the draft ($23,663,080 cash plus the shares), but the stated post-deal ownership shifted: Tamboran holders would own about 77.6% and Falcon holders about 22.4%, versus 76.3% and 23.7% in the January 14 draft. The filing does not explain the change. The board unanimously recommends voting for all three proposals, and an abstention counts as a vote against.
22 Jan 2026capital raising announcement▲ Good
The October 2025 Sheffield-family-led private placement closed, ultimately raising about $32 million.
14 Jan 2026business combination● NeutralMajor
Tamboran filed a preliminary proxy statement asking its shareholders to vote on the Falcon Oil & Gas deal agreed on September 30, 2025: it would issue 6,537,503 new shares and pay $23,663,080 in cash to Falcon for Falcon's Hungary, Ireland and South Africa entities and 98.1% of Falcon Australia, with the remaining 1.9% to be compulsorily acquired afterwards. This draft leaves the meeting date blank and says Tamboran holders would own about 76.3% of the combined company after closing, with Falcon holders about 23.7%. The board unanimously recommends voting for the share issuance, an ASX capacity approval and an adjournment proposal.
25 Nov 2025capital raising announcement▲ Good
A share purchase plan aimed at existing Australian shareholders raised A$17.4 million through CHESS Depositary Interests.
24 Oct 2025material agreement▲ GoodMajor
Tamboran raised roughly $80 million in two simultaneous deals: a related-party private placement of up to $29 million with insiders including largest shareholder Bryan Sheffield and director Scott Sheffield, and a separate underwritten public offering (led by RBC Capital Markets and Wells Fargo) that closed with about $52.5 million in net proceeds.
3 Oct 2025material agreement▲ GoodMajor
A joint-venture entity half-owned by Tamboran secured an A$179.8 million syndicated project-finance facility from Macquarie Bank and Alpha Wave Credit to build the Sturt Plateau Compression Facility, backed by an Australian Northern Territory Government guarantee of up to A$75 million and a guarantee from 50% JV partner Formentera Australia Fund.
30 Sept 2025business combination▲ GoodMajor
Tamboran agreed to acquire all of Falcon Oil & Gas Ltd.'s subsidiaries - including Falcon's 22.5% Beetaloo Basin joint-venture stake plus assets in Hungary, Ireland and South Africa - for about 6.54 million Tamboran shares plus $23.66 million cash, consolidating full ownership of its core Australian gas project.
22 July 2025capital raising announcement▲ Good
Following shareholder approval at a special meeting, the remaining tranche of the May 2025 private placement closed, completing the $55.4 million raise at $17.74/share.
15 May 2025material agreement▲ GoodMajor
Tamboran raised $55.4 million in a private placement (mostly closing immediately, with $11 million pending shareholder approval), sold Daly Waters Energy a non-operating 100,000-acre slice of its Beetaloo acreage for $15 million, and restructured its joint venture agreement with Daly Waters Energy and Falcon Oil & Gas, retaining about 1.9 million net prospective acres and 77.5% operating interest in its core license areas.
31 Dec 2024debt financing● Neutral
Macquarie agreed to stand behind the performance bonds Tamboran's Australian arm needs for its Beetaloo work: A$25 million available now, plus two A$5 million tranches that unlock only if it first raises A$62.5 million and A$75 million of new capital. The backing is expensive - a 2% set-up fee, 4% a year on unused commitments and 10% of anything actually drawn.
28 June 2024capital raising announcement▲ GoodMajor
Tamboran Resources completed its NYSE IPO, selling 3.125 million shares at $24.00 for $75 million gross and listing as TBN; Sheffield Holdings LP (led by Pioneer Natural Resources founder Scott Sheffield) received board-nomination and registration rights as a key strategic investor, and driller Helmerich & Payne converted its 5.5% convertible note into 489,088 shares.
26 June 2024listing compliance notice▲ GoodMajor
the exchange certified Tamboran Resources Corp's securities for listing, clearing them to begin trading.