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Australia’s Tamboran Resources May List In US

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April 17, 2014

Tamboran Resources Ltd., an Australian shale explorer led by a former Cobalt International Energy Inc. (NYSE: CIE) executive, is considering going public in the U.S. as early as the second half of this year.

Tamboran is studying a reverse merger in the U.S., a deal that involves a private firm purchasing a public company to gain a listing, or an initial public offering in Singapore or Australia, Joel Riddle, CEO of the Sydney- based company, said in a phone interview. A share sale may raise about AU$200 million (US$187 million), ...

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