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Tamboran signs agreement to buy Falcon Oil & Gas
Yahoo Finance·2025-10-01 14:21

Natural gas company Tamboran Resources has agreed to buy Falcon Oil & Gas in a deal that will create one of the largest acreage holders in Australia’s Beetaloo basin, with roughly 2.9 million net prospective acres. The transaction will see Tamboran take ownership of all Falcon subsidiaries in return for 6.5 million shares of its common stock and $23.7m in cash. The deal values Falcon at around $172m (€146.33m). It would result in Falcon’s investors holding a 26.8% stake in the combined entity, with Tamb ...