Tamboran Resources Corp

Tamboran Resources Corp develops Australian oil and natural gas reserves. Headquartered in Sydney, Australia, the company was formed in 2009. Since 2014, Tamboran has concentrated its development activities within the Northern Territory. TR Ltd. completed its initial public offering in Australia in July 2021 and was publicly listed on the ASX under the ticker "TBN." Tamboran was incorporated in Delaware on October 3, 2023, to facilitate a Corporate Reorganization. On December 13, 2023, Tamboran implemented the Corporate Reorganization, acquiring all outstanding ordinary shares of TR Ltd. in exchange for 1,716,672,600 CDIs, representing beneficial interests in 8,583,363 shares of Tamboran's common stock. Each CDI represents 1/200th of a share of common stock. Concurrently, TR Ltd.'s ordinary shares were delisted from the ASX, and Tamboran's CDIs were listed on the ASX. Following the Corporate Reorganization, Tamboran's assets primarily consisted of 100% of the ordinary shares of TR Ltd. Tamboran completed its U.S. initial public offering in July 2024.