Stockholders’ Equity

3 Months Ended

Sep. 30, 2024

Equity [Abstract]

Stockholders’ Equity

Note 7 – Stockholders’ Equity

Movement in Common Stock:

	Date	Tamboran common stock	Issue price	Details	Net proceeds
Balance at July 1, 2024		13,915,524			$396,924,177
Capital raise	July 2024	308,750	$24.00	$7,410,000
Less: Transaction costs		—		$(479,150)	6,930,850
Balance at September 30, 2024		14,224,274			$403,855,027

July 2024 Greenshoe Option

Subsequent to the Initial Public Offering (“IPO”) in June 2024, the underwriters exercised the greenshoe option

granted to them to purchase additional shares of common stock of the Company. Under this option, underwriters purchased

a total of 308,750 shares of common stock of the Company on July 30, 2024. The net proceeds from the IPO and from the

issuance under greenshoe option will be used for natural gas exploration and appraisal activities, progressing the Group’s

three phases of development and other general corporate purposes.