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Tamboran Acquires Strategic Beetaloo Assets and Raises A$10 Million
  
Acquires Strategic Beetaloo Assets and Raises A$10 MillionSydney, Dec 10, 2020 AEST (ABN Newswire) - Tamboran Resources Limited ( Tamboran or the Company ) is pleased to announce the acquisition of Sweetpea Petroleum Pty Ltd ( Sweetpea or the Acquisition ).
- Tamboran has acquired Sweetpea Petroleum in an all-scrip transaction
- Acquisition expands resource holdings in the core of the Beetaloo Basin
- Tamboran regains its role as a 100% Working Interest owner and operator
- US and European institutional investors fund A$10 million in a private placement
Tamboran will acquire all of the shares in Sweetpea in exchange for Tamboran equity (no cash) issued to Longview Petroleum LLC, ( Longview ) holder of 100% of Sweetpea, resulting in Longview owning 29.95% of Tamboran post transaction. ....

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