Tamboran Resources appoints Todd Abbott as managing director

Tamboran Resources (NYSE: TBN) reported first gas sales from the Beetaloo Basin, raising $186M net of fees, with $225M in cash at Q4FY26 end. The company plans to drill six more wells in 18 months. Operational milestones include under-budget infrastructure completion and cost-saving initiatives. Management seeks strategic partners for large-scale development.

Tamboran Resources (NYSE:TBN) reported Q4 2026 earnings, highlighting first gas sales from the Beetaloo Basin, generating royalties and jobs. The company is in the commissioning phase of a gas sales agreement, with plans for 40 terajoules per day supply. They completed a major stimulation campaign using local sand, potentially reducing well completion costs. Construction of the Sturt Plateau compression facility was completed under budget.

Tamboran Resources Corp (TBN) filed an SEC Form 8-K — Results of Operations and Financial Condition. ` NYSE: TBN, ASX: TBN 4Q FY26 Result Presentation Mr. Todd Abbott – Chief Executive Officer September 25, 2026 The information in this presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities A

Tamboran Resources (NYSE: TBN) began gas commissioning at its Shenandoah South development, targeting first sales to the Northern Territory Government. The Sturt Plateau Compression Facility, a joint venture, is on schedule and within budget. Tamboran also plans to extend its partnership with Liberty Energy (NYSE: LBRT) for up to five years for hydraulic fracture stimulation services.

H&P Research assigned Tamboran Resources (TBN) a risked valuation implying 113% upside, keeping risked NAV at US$67 per TBN share (A$0.47 per ASX CDI) versus a higher market price. It cited completion of a record Beetaloo Basin stimulation campaign, reduced execution risk, and catalysts including first gas in Sep 2026 and possible Orion farm-out. H&P set unrisked value at >US$7.1B and risked at ~US$2.4B.

Tamboran Resources (NYSE:TBN) shares opened higher after closing at $32.62, gapping up to $34.29 and last trading at $34.86 on Thursday with 8,631 shares traded. Analysts cited new targets: Roth Mkm $47 (buy), Piper Sandler $74 (overweight), Wells Fargo $58 (overweight), RBC $55 (outperform), while Weiss rated sell (d). The company reported May 13 EPS of ($0.42), below consensus of ($0.36).