Tamboran Resources (Ticker: TBN) is an early stage independent natural gas exploration and production company focused on the commercial development of resources in the Beetaloo Basin in Northern Australia. Tamboran Resources, currently listed on the Australian Securities Exchange under the symbol "TBN," will list on June 26 on the NYSE in the USA. The firm is selling 6.5 million shares at the price of $24.00-$27.00. The expected market value at offer is $448 million. The total offer size is $175.5 million. The offering is managed by BofA Securities, Citi, and RBC Capital Markets. The company has secured $22.5 million of upfront demand from cornerstone investors and plans to use $7.5 million of proceeds to fund a payment to its joint venture partner, Daly Waters, at closing.