Core Points - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, has successfully recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - The firm is currently investigating Tamboran Resources Corporation (NYSE: TBN) regarding its merger with Falcon Oil & Gas Ltd, where Tamboran shareholders will own 73.2% of the combined company upon completion of the transaction [1] Company Overview - Monteverde & Associates PC is headquartered in the Empire State Building, New York City, and specializes in class action securities litigation [2] - The firm has a successful track record in trial and appellate courts, including the U.S. Supreme Court [2] Legal Services - The firm offers free consultations for shareholders with concerns regarding their investments in the mentioned company [3] - Contact information for Juan Monteverde, Esq. is provided for shareholders seeking additional information [3]

Core Viewpoint - Tamboran Resources Corporation is acquiring Falcon Oil and Gas to strengthen its position in the Beetaloo Basin, which is recognized as the largest scalable, drill-ready shale gas resource globally, covering approximately 5 million acres [1][8]. Company Overview - The merger will result in Tamboran holding 3 million net acres, providing a controlling interest across most of the Beetaloo Basin [2]. - The acquisition is expected to streamline capital expenditures and enhance operational efficiency, as Falcon would have struggled to meet the financial demands of developing the basin [2][6]. Industry Context - Tamboran plans to initiate gas supply to Darwin in the upcoming year, followed by deliveries to southeast Australian markets and eventually to the broader Asia-Pacific LNG market [3][10]. - The project has a long-term vision, with an estimated 44,000 drilling locations available under the combined acreage, positioning the company to significantly contribute to regional energy security [3][11]. - Production from the Beetaloo Basin could potentially reach up to 12 billion cubic feet per day by the mid-2030s, making it a key player in the energy market, comparable to the Marcellus Shale in the US [3][12]. Merger Details - Due diligence is currently being conducted across multiple jurisdictions, including the US, Australia, Canada, and the UK, with the merger expected to close in the first quarter of 2026 [4][13].

Core Insights - Tamboran Resources Corporation (NYSE:TBN) experienced a significant share price increase of 36.88% from September 25 to October 2, 2025, making it one of the top-performing energy stocks during that week [1][2]. Company Developments - The company has entered into a definitive agreement to acquire Falcon Oil and Gas Ltd., which will enhance its position in the Beetaloo sub-basin with approximately 2.9 million net acres in the Northern Territory of Australia [3]. - Tamboran Resources announced a positive final investment decision on the Shenandoah South Pilot Project, which is expected to begin first gas sales by mid-2026 [4]. - The recent rise in natural gas prices has positively impacted the company's prospects [4].

Core Viewpoint - Tamboran Resources Corp. and Falcon Oil & Gas Ltd. have signed a definitive agreement to merge operations in Australia's Beetaloo Basin, creating a combined entity with approximately 2.9 million net acres and a pro forma market capitalization exceeding $500 million [1]. Group 1: Merger Details - Tamboran will acquire Falcon by purchasing all its subsidiaries for 6.54 million shares of Tamboran stock and $23.7 million in cash [2]. - Falcon shareholders will receive Tamboran shares at a ratio of 0.00687 per Falcon share, resulting in Falcon shareholders holding about 27% of the combined company, while Tamboran stockholders will retain approximately 73% [3]. - The deal values Falcon's subsidiaries at 239 million Canadian dollars ($172 million), representing a 20% premium to its closing price on September 29 and over 53% above its 90-day average [3]. Group 2: Strategic Implications - The merger increases Tamboran's working interest in the Beetaloo's Phase 2 Development Area to over 80%, enhancing its position ahead of a farmout process with RBC Capital Markets [4]. - The consolidation aligns Tamboran with Daly Waters Energy across exploration permits EP 76, 98, and 117, following a checkerboarding agreement [4]. - The combination is expected to provide Falcon shareholders with stronger exposure to ongoing pilot development and eliminate uncertainties regarding their future roles in projects [5]. Group 3: Approval and Future Outlook - The boards of both companies have unanimously approved the deal, which is anticipated to close by the first quarter of 2026, pending shareholder and regulatory approvals in Canada, Australia, and under AIM rules in the U.K. [6]. - Upon completion, Falcon will cancel its listings on the TSX Venture Exchange and AIM [6]. - The acquired assets include subsidiaries in Hungary, Ireland, South Africa, and Australia, which collectively reported $60.7 million in assets and a $2.2 million loss in 2024 [6]. Group 4: Market Reaction - Following the announcement, Tamboran's shares increased by 21.11% to $27.42, while Falcon's shares rose by 6.42% [7].

Core Insights - Tamboran Resources Corp. and Falcon Oil & Gas Ltd. have signed a deal to create approximately 2.9 million net prospective acres in the Beetaloo Basin, resulting in a combined company with a pro forma market capitalization exceeding $500 million [1] Transaction Details - Tamboran will acquire Falcon for 6.537 million shares of TBN and $23.7 million in cash, with the transaction expected to close in Q1 2026 [2] - Post-transaction, Falcon shareholders will receive TBN shares at an exchange ratio of 0.00687 shares of TBN for each Falcon share, resulting in Falcon shareholders owning about 26.8% of the combined entity [2] Valuation Metrics - The transaction values Falcon's subsidiaries at C$239 million (approximately $172 million), reflecting a 19.7% premium over Falcon's closing price on September 29 and a 53.2% premium to the 90-day traded VWAP [3] - The implied acreage value of $169 per acre from the acquisition represents a 4% discount to Tamboran's current implied acreage value of $176 per acre, indicating potential accretion for Tamboran stockholders [4] Strategic Implications - The acquisition will enhance Tamboran's working interest in the Phase 2 Development Area to 80.62% and align further with Daly Waters Energy, LP across the EP 76, 98, and 117 acreage [5] - Following the announcement, TBN shares increased by 11.11% to $25.10 in pre-market trading on the New York Stock Exchange [5]

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Tamboran Resources Corporation (NYSE: TBN) and Falcon Oil & Gas Ltd. is fair to Tamboran shareholders. Upon completion of the proposed transaction, Tamboran shareholders will own 73.2% of the combined company. Halper Sadeh encourages Tamboran shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 o. ...

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) Tamboran Resources Corporation Chairman and Interim CEO, Richard Stoneburner, said: "The decision to sanction the Pilot Project is a major milestone in the history of Tamboran Resources, the Beetaloo Basin and the Northern Territory. "As Tamboran moves from an explorer to first gas sales, I would like to thank all those who have made this possible. From a history of explorers who recognized the potential of the Beet. ...

Core Viewpoint - Tamboran Resources Corporation is acquiring Falcon Oil & Gas Ltd. to consolidate their positions in the Beetaloo Basin, creating a leader with approximately 2.9 million net prospective acres and a pro forma market capitalization exceeding US$500 million [2][4][10]. Transaction Details - The acquisition involves Tamboran acquiring all subsidiaries of Falcon in exchange for 6,537,503 shares of Tamboran NYSE Common Stock and US$23.7 million in cash [4][7]. - Falcon shareholders will receive shares of Tamboran at an exchange ratio of 0.00687 shares for each Falcon Common Stock, resulting in Falcon shareholders owning approximately 26.8% of the combined entity [4][8]. - The transaction values Falcon's subsidiaries at C$239 million (US$172 million), reflecting a 19.7% premium over Falcon's closing price on September 29, 2025, and a 53.2% premium to the 90-day traded VWAP [4][10]. Strategic Implications - The acquisition is expected to enhance Tamboran's working interest in the Phase 2 Development Area to 80.62%, aligning further with Daly Waters Energy, LP across the entire EP 76, 98, and 117 acreage [3][4]. - The transaction is seen as a logical consolidation of two leading companies in the Beetaloo Basin, strengthening Tamboran's position in the region [2][4]. Approval and Timeline - The transaction has been unanimously approved by the Boards of Directors of both companies and is anticipated to close in the first quarter of 2026, pending shareholder approvals and other closing conditions [10][11]. - An indicative timeline for the transaction includes key dates such as the filing of the preliminary proxy statement with the SEC on October 30, 2025, and the expected closing date on February 1, 2026 [12][13].

Core Viewpoint - Tamboran Resources Corporation is acquiring Falcon Oil & Gas Ltd. to create a combined business with approximately 2.9 million net prospective acres in the Beetaloo Basin, enhancing operational focus and shareholder value [2][5][6]. Transaction Details - The acquisition involves Tamboran acquiring all subsidiaries of Falcon for 6,537,503 shares of Tamboran NYSE Common Stock and cash consideration of US$23.7 million [5][8]. - The transaction values Falcon's subsidiaries at C$239 million (Stg£128 million), with an implied offer price of C$0.2154 (Stg£0.1152) per share, reflecting a 19.7% premium to Falcon's closing price on September 29, 2025, and a 53.2% premium to the 90-day traded VWAP [5][6]. - Upon completion, Falcon shareholders will receive shares of Tamboran at an exchange ratio of 0.00687 shares of Tamboran for each Falcon Common Stock, resulting in them owning approximately 26.8% of the pro forma business [5][9]. Strategic Implications - The transaction aims to strengthen Tamboran's working interest in the Phase 2 Development Area to 80.62%, aligning further with Daly Waters Energy, LP across the entire EP 76, 98, and 117 acreage [5][6]. - The consolidation is viewed as a logical step to enhance operational efficiency and market position within the Beetaloo Basin [6][8]. Approval and Closing - The transaction has been unanimously approved by the Boards of Directors of both Tamboran and Falcon and is expected to close in the first quarter of 2026, pending shareholder approvals and satisfaction of closing conditions [11][12]. - Following the transaction, Falcon will seek shareholder approval for the cancellation of its shares from trading on the AIM market and the TSX Venture Exchange [5][11]. Financial Performance of Subsidiaries - In the twelve months ending December 31, 2024, Falcon's subsidiaries reported a loss of US$2.2 million and total assets of US$60.7 million [5].

Core Viewpoint - Tamboran Resources Corporation is acquiring Falcon Oil & Gas Ltd. to create a combined business with approximately 2.9 million net prospective acres in the Beetaloo Basin, enhancing operational focus and shareholder value [2][5][6]. Transaction Details - The acquisition involves Tamboran acquiring all subsidiaries of Falcon for 6,537,503 shares of Tamboran NYSE Common Stock and cash consideration of US$23.7 million [5][8]. - Falcon's subsidiaries are valued at C$239 million (Stg£128 million), with an implied offer price of C$0.2154 (Stg£0.1152) per share, reflecting a 19.7% premium over Falcon's closing price on September 29, 2025 [5][6]. - Upon completion, Falcon shareholders will receive shares of Tamboran at an exchange ratio of 0.00687 shares for each Falcon Common Stock, resulting in them owning approximately 26.8% of the pro forma business [5][9]. Strategic Implications - The transaction aims to strengthen Tamboran's working interest in the Phase 2 Development Area to 80.62%, aligning with Daly Waters Energy, LP across the entire EP 76, 98, and 117 acreage [5][6][7]. - The consolidation is viewed as a logical step to enhance operational efficiency and market position in the Beetaloo Basin [6][8]. Approval and Closing - The transaction has been unanimously approved by the Boards of Directors of both Tamboran and Falcon and is expected to close in the first quarter of 2026, pending shareholder approvals [11][12]. - Following the transaction, Falcon will seek shareholder approval for the cancellation of its shares from trading on the AIM market and the TSX Venture Exchange [5][11]. Company Background - Falcon Oil & Gas Ltd. is an international oil and gas company focused on unconventional oil and gas assets, primarily in Australia [17]. - Tamboran Resources Corporation is the largest acreage holder and operator in the Beetaloo Sub-basin, with approximately 1.9 million net prospective acres [18][19].