Past year: ▲ 26%(18.5c – 31.0c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
30 Sept 2025business combination▲ GoodMajor
Tamboran agreed to acquire Falcon Oil & Gas's subsidiaries for 6,537,503 shares plus US$23.7M cash (C$239M value), taking acreage to ~2.9M net acres. Lifts Phase 2 interest to 80.62% ahead of the farmout. Falcon holders would own ~26.8%; close expected 1Q 2026, needing shareholder approvals.
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.
26 Sept 2025other● Neutral
FY2025 Corporate Governance Statement against ASX principles. Notes 48 full-time employees at 30 June 2025 and no women on the board. Governance disclosure with no new business developments.
26 Sept 2025annual report● Neutral
Form 10-K for the year ended 30 June 2025, the US annual report. Shares outstanding were 17,820,758 at 24 September 2025. Only the cover and contents are visible, so financial results cannot be confirmed from this text.
26 Sept 2025investor presentation● Neutral
Fourth-quarter FY25 results presentation by interim CEO Stoneburner, 25-26 September 2025. Only the disclaimer is visible in the text provided, so no new information can be confirmed; it likely repeats the quarterly report.
26 Sept 2025other● Neutral
Appendix 4G, the ASX checklist confirming where the FY25 corporate governance statement can be found (company website), approved by the board on 25 September 2025. Administrative filing with no new business information.
15 Sept 2025other● Neutral
Notice that fourth-quarter earnings and an operations update will be released on 25 September 2025 US time, with a webcast hosted by interim CEO Stoneburner. Administrative scheduling notice with no new substance.
15 Sept 2025investor presentation● Neutral
North American non-deal roadshow presentation, September 2025. Only the disclaimer is visible in the text provided, so no new information can be confirmed.
1 Sept 2025investor presentation● Neutral
Presentation for a site tour at the Shenandoah South wellpad, 31 Aug to 2 Sep 2025. Only the disclaimer is visible in the text provided, so no new information can be confirmed.
1 Sept 2025regulatory community update▲ GoodMajor
The NT Government approved sale of appraisal gas from the Shenandoah South Pilot, the first approval under its Beneficial Use of Gas law. The JV now holds all approvals for up to 40 TJ/d sales from mid-2026; SS-4H stimulation is planned for 4Q 2025.
13 Aug 2025regulatory community update▲ GoodMajor
Native Title Holders and the Northern Land Council consented to the Beetaloo JV selling up to 60 TJ/d of appraisal gas from EP 98 and EP 117 over three years. Ministerial approval is still needed before sales; first gas stays mid-2026.
11 Aug 2025flow test result▲ GoodMajor
The SS-2H ST1 well finished its 90-day test at a Beetaloo record 6.7 MMcf/d over a 5,483-foot lateral, with rates up ~2% over the final 30 days. The well was then suspended ahead of gas sales planned for mid-2026.
8 Aug 2025other● Neutral
Appendix 4A for July 2025: CDIs on issue rose 6,867,200 to 1,390,471,000 as holders moved between CDIs and NYSE common stock. Administrative filing.
28 July 2025director officer appointment● NeutralMajor
CEO and Managing Director Joel Riddle, in the role since 2013, stepped down. Chairman Dick Stoneburner became interim CEO while a permanent search begins. Scott Sheffield and Phillip Pace joined the board, John Bell Sr. left, and the Sheffield Group (~17.6%) agreed standstill and voting terms to 2028.
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.
22 July 2025other▲ Good
All special meeting resolutions carried, with roughly 90% in favour on each. This approves the second PIPE tranche, the ratification of tranche 1 and the related director and Formentera participation, clearing the way for the remaining funding.
14 July 2025well test result▲ GoodMajor
SS-2H ST1 averaged a record 6.8 MMcf/d over 60 days, with the exit rate at 6.4 MMcf/d and low decline. The three-well Pilot drilling program began with the SS-4H spud, using the H&P rig, targeting first gas in mid-2026.
3 July 2025other● Neutral
Appendix 4A for June 2025: CDIs on issue fell 15,719,600 to 1,383,603,800 as holders moved to NYSE common stock. Administrative filing.
16 June 2025well test result▲ GoodMajor
SS-2H ST1 averaged a Beetaloo record 7.2 MMcf/d over 30 days from a 5,483 ft lateral, versus 3.2 MMcf/d for SS-1H. Normalised to 10,000 ft it is 13.2 MMcf/d, in line with the Marcellus average. This was the trigger for the RBC Phase 2 farm-down.
16 June 2025investor presentation● Neutral
Webcast presentation of the SS-2H ST1 IP30 result. The text provided is mostly the disclaimer and is truncated; it appears to repeat the 7.2 MMcf/d result released the same day.
4 June 2025other● Neutral
Appendix 4A for May 2025: CDIs on issue rose 3.2M to 1,399,323,400 as holders moved between CDIs and NYSE common stock. Administrative filing.
30 May 2025capital raising announcement▲ GoodMajor
First PIPE tranche closed: 2,180,515 shares at US$17.74, about US$38.7M. A second tranche of 940,729 shares (~US$16.7M) needs shareholder approval at a meeting around 18 Aug. Tranche 1 is smaller than the US$44.4M first announced. DWE's US$15M acreage purchase needs no shareholder vote.
What it means for a shareholder
2.2m new shares at US$17.74 to raise about US$38.7m. That's 13% dilution: every existing holder's slice gets 13% smaller. If you held US$1,000 of shares (56 at the issue price), your slice goes from 0.000388% to 0.000337% of the company. To keep it you'd need 8 more shares - about US$142 at the issue price.
Create a free account to see this worked out for your own holding.
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.
15 May 2025investor presentation● Neutral
March-quarter (3Q FY25) results presentation by CEO Joel Riddle. The text provided is mostly the disclaimer and is truncated; it appears to repeat the 14-15 May results and PIPE announcements, with no new figures visible.
14 May 2025capital raising announcement▲ GoodMajor
Tamboran raised about US$55.4M through a private placement of ~3.1M shares at US$17.74, a 15% discount. US$44.4M closes 16 May; US$11.0M needs shareholder approval. Funds the remaining three Pilot wells, with first gas mid-2026. SS-2H ST1 flow test began; IP30 due June.
What it means for a shareholder
3.1m new shares at US$17.74 to raise about US$55.4m. That's 18% dilution: every existing holder's slice gets 18% smaller. If you held US$1,000 of shares (56 at the issue price), your slice goes from 0.000388% to 0.00032% of the company. To keep it you'd need 12 more shares - about US$213 at the issue price.
Create a free account to see this worked out for your own holding.
14 May 2025asset acquisition disposition● NeutralMajor
Tamboran agreed to sell Daly Waters Energy a non-operating interest in 100,000 acres for US$15M, and finalised the acreage checkerboard with it. It also hired RBC to farm down the 406,693-acre Phase 2 area, where it would hold 58.12%, after the SS-2H ST1 result.
5 May 2025director officer appointment● Neutral
Jeff Bellman appointed non-executive director from 2 May 2025, replacing the vacancy left by Stephanie Reed's resignation (inference). He has 33 years in oil and gas investment management; the chairman cites his help financing phased commercialisation.
5 May 2025other● Neutral
Appendix 4A for April 2025: CDIs on issue fell by 225,364,800 to 1,396,123,400 as holders moved to NYSE common stock. Common stock rose to 7,556,157. Administrative filing.
22 Apr 2025director officer appointment● Neutral
Non-executive director Stephanie Reed resigned to focus on other business interests. She joined the board in September 2023 and sat on the Compensation and Sustainability Committees.
16 Apr 2025other● Neutral
Tamboran will release third-quarter results after the NYSE close on 14 May 2025 (US time), with a CEO webcast. Scheduling notice only, no results.
