Tamboran Resources has priced its initial public offering of 3,125,000 shares at $24 per share.
The IPO aims to raise $75 million for Tamboran's Shenandoah South Pilot Project in the Beetaloo Basin.
Underwriters have a 30-day option to purchase up to an additional 468,750 shares at the IPO price, minus discounts.
Trading under "TBN" begins on the NYSE from June 27.