Tamboran Resources Ltd (ASX:TBN)'s Joel Riddle speaks with Proactive soon after announcing a $35 million placement - anchored by a $20 million investment from Bryan Sheffield. Funds will be used to accelerate the commercialisation of EP 136, one of its low-CO2 unconventional natural gas interests in the Beetaloo Sub-basin in the Northern Territory. Sheffield was the founder of Parsley Energy, a major independent unconventional oil & gas producer in Texas, which was sold earlier this year for US$7.3 billion.
Tamboran Resources secures strategic US investor Bryan Sheffield in $35 million raise