Tamboran Resources Corporation (Tamboran or the Company), an Australia-based natural gas production company, announced the pricing of its initial public offering on the New York Stock Exchange of 3,125,000 shares of Common Stock at a price to the public of US$24.00 per share, raising gross proceeds of US$75 million to fund the ongoing drilling activities in the Beetaloo Basin.
Latham & Watkins LLP represents Tamboran Resources in the offering with a team led by Austin partners Michael Chambers and David Miller and Houston associate Om Pandya, with assistance from New York associate Connor Adams and Austin associates Cooper Shear and Carol Bale. Advice was also provided on tax matters by Houston partners Tim Fenn and Jared Grimley, with associate Molly Elkins; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Jacqueline Zhang; on executive compensation matters by Boston partner Josh Friedman, with associate Tessa Young; and on public company representation matters by Washington, D.C. partner Willman Hackett, with associates Sara Almousa and Mary Tursi.