Tamboran Resources Corp (TBN) Form 8-K — May 13, 2026
Tamboran Resources Corporation announced strong financial and operational results for the quarter ended March 31, 2026. The company delivered a record average 20-day initial production (IP20) flow rate of 10.3 million cubic feet per day (MMcf/d) from the Shenandoah South 6H (SS-6H) well, demonstrating the high quality of its acreage position in the Beetaloo West. The Sturt Plateau Compression Facility (SPCF) construction is 88% complete and remains on budget and on track to commence commissioning in 3Q 2026. The SPCF construction cost is being funded via a syndicated debt facility, with US$23 million drawn and US$39 million undrawn as of March 31, 2026.
Key figures
- Eps
- 0
- Eps Beat
- 0
- Revenue
- 0
- Net Income
- 0
- Total Debt
- 0
- Debt Amount
- 23 million
- Revenue Yoy
- 0
- Total Assets
- 0
- Cash Position
- 298 million
- Deal Value Usd
- 28.5 million
- Interest Rate
- 0
- Gross Proceeds
- 188 million
- Offering Price
- 35.00
- Shares Offered
- 443,491
- Shares Outstanding
- 28,318,909
- Undrawn Debt
- 39 million
- Henry Hub Price
- 3.56 per mcf
- Restricted Cash
- 6.9 million
- Stable Flow Rate
- 8.8 MMcf/d
- Water Unload Rate
- 270 bbl/d
- Capital Raise Amount
- 198 million
- Record IP20 Flow Rate
- 10.3 MMcf/d
- East Coast Gas Premium
- 158%
- Pro Forma Cash Balance
- 298 million
- Average East Coast Gas Price
- 9.20 per mcf
Price after filing
Close on the filing date to close N calendar days later (from $37.30). Historical, not a forecast.
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