Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Ventyx Biosciences, Inc. (VTYX) increased by 108% to $8.05 - Brera Holdings PLC (SLMT) rose by 49% to $12.50 - Safe & Green Holdings Corp. (SGBX) gained 39% to $3.18 - American Rebel Holdings, Inc. (AREB) up by 26% to $2.71 - Tango Therapeutics, Inc. (TNGX) increased by 18% to $10.25 - Garrett Motion Inc. (GTX) rose by 14% to $14.30 - ETHZilla Corporation (ETHZ) gained 12% to $17.61 - D-Wave Quantum Inc. (QBTS) increased by 11% to $30.40 - IonQ, Inc. (IONQ) rose by 10% to $61.04 - Megan Holdings Limited (MGN) up by 7% to $2.31 [3] Premarket Losers - Splash Beverage Group, Inc. (SBEV) decreased by 21% to $2.06 - Molina Healthcare, Inc. (MOH) down by 18% to $158.44 - SCHMID Group N.V. (SHMD) fell by 18% to $3.18 - Beyond Meat, Inc. (BYND) decreased by 18% to $2.91 - Agencia Comercial Spirits Ltd (AGCC) down by 16% to $5.07 - Super League Enterprise, Inc. (SLE) fell by 13% to $2.25 - Armata Pharmaceuticals, Inc. (ARMP) decreased by 12% to $5.99 - Applied DNA Sciences, Inc. (BNBX) down by 12% to $4.19 - Ribbon Communications Inc. (RBBN) fell by 12% to $3.49 - Tamboran Resources Corporation (TBN) decreased by 11% to $21.81 [4]

Core Viewpoint - Tamboran Resources Corporation is conducting a securities offering, with details provided in a prospectus supplement and accompanying base prospectus filed with the SEC [1] Company Information - The offering is being made only through the prospectus supplement and base prospectus [1] - Copies of the preliminary prospectus supplement and base prospectus can be obtained for free on the SEC's website [1]

Group 1 - Tamboran Resources Corporation is offering securities through a prospectus supplement and accompanying base prospectus filed with the SEC [1] - The preliminary prospectus supplement and base prospectus can be obtained free of charge on the SEC's website [1]

Core Viewpoint - Tamboran Resources Corporation is positioned as a promising investment opportunity following its agreement to acquire Falcon Oil & Gas for approximately $172 million, which is expected to close in Q1 2026 [1][3]. Group 1: Acquisition Details - The acquisition will involve Tamboran taking ownership of all Falcon subsidiaries, with the transaction consideration comprising 6.5 million shares of Tamboran's common stock and $23.7 million in cash [2]. - Upon completion of the deal, Falcon's investors will hold a 26.8% stake in the combined entity, while Tamboran shareholders will retain 73.2% [2]. Group 2: Strategic Implications - This acquisition will significantly expand Tamboran's presence in the Beetaloo sub-basin, making it one of the largest acreage holders in the region with approximately 2.9 million net prospective acres [3]. - The deal will also enhance Tamboran's working interest in the phase two development area to 80.62%, as the company seeks a new development partner through a farmout process with RBC Capital Markets [3]. Group 3: Company Overview - Tamboran Resources Corporation is a natural gas company focused on developing unconventional gas resources in the Northern Territory of Australia [4].

Core Insights - Tamboran Resources Corporation has successfully completed the largest drilling program in the Beetaloo Basin, which included batch drilling of three wells at the Shenandoah South 2 well pad, crucial for supplying gas to the Northern Territory network under a long-term Gas Sales Agreement with the Northern Territory Government, with first gas sales expected by mid-2026 [2][6][20] Drilling Program Details - The drilling program involved the Shenandoah South -4H (SS-4H), -5H, and -6H wells, each with a target lateral length of 10,000 feet, completed with an average spud-to-total depth (TD) time of 26.7 days, and drilling and casing time within the forecast of 35 days [3][6] - The program utilized modern US drilling technologies, including Baker Hughes' anti-vibration drilling technology, resulting in record performance, with the fastest horizontal section drilled in the Mid Velkerri B Shale reaching over 1,100 meters (3,603 feet) in a single day [3][6] Future Plans - The SS-4H well is scheduled for stimulation in the fourth quarter of 2025, with the remaining two wells and the reinforced SS-3H well to be stimulated in the first half of 2026 [4][6] - A 60-stage stimulation program is planned for the SS-4H well, with a 30-day flow test anticipated before being shut-in for future gas sales [4][6] Company Overview - Tamboran Resources is the largest acreage holder and operator in the Beetaloo Sub-basin, with approximately 1.9 million net prospective acres [7][8] - The company has secured around 420 acres (170 hectares) at the Middle Arm Sustainable Development Precinct in Darwin for its proposed NTLNG project [9]

Core Viewpoint - Tamboran Resources Corporation (TBN) has shown a significant price increase of 38.6% over the past four weeks, with a mean price target of $39.17 indicating a potential upside of 29.8% from the current trading price of $30.17 [1] Price Targets and Analyst Consensus - The average price target for TBN ranges from a low of $30.00 to a high of $53.00, with a standard deviation of $8.28, suggesting variability in analyst estimates [2] - The lowest estimate indicates a slight decline of 0.6%, while the highest estimate suggests a substantial upside of 75.7% [2] - A low standard deviation indicates a strong agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Optimism - Analysts have shown increasing optimism about TBN's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the past 30 days, one estimate has increased, leading to a 27.6% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - TBN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While the consensus price target may not be entirely reliable, the implied direction of price movement appears to be a useful guide for investors [14]

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].