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Tamboran Resources Reports Continued Investment in Gas Exploration

Tamboran Resources Reports Continued Investment in Gas Exploration

Tamboran Resources Corporation ( (TBN) ) has released its Q3 earnings. Here is a breakdown of the information Tamboran Resources Corporation presented to its investors.

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Tamboran Resources Corporation is an early-stage natural gas company focused on developing low CO2 unconventional gas resources in the Northern Territory of Australia, aiming to support the net zero CO2 energy transition in the region. In its latest earnings report for the quarter ending March 31, 2025, Tamboran Resources Corporation highlighted its ongoing exploration and appraisal activities, with significant investments in unproved properties and assets under construction, despite not generating any revenue from operations yet. The company reported a net loss of $8.17 million for the quarter, with total operating costs and expenses amounting to $8.8 million. The financial report also showed a decrease in cash and cash equivalents from $74.7 million to $25.6 million, reflecting the company’s substantial investments in its exploration and development projects. Looking ahead, Tamboran Resources Corporation remains focused on securing additional funding to support its growth and exploration efforts, as it continues to develop its assets in the Beetaloo Basin and pursue its strategic objectives.

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