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Stock impact report

Falcon Oil & Gas Ltd. - Tamboran to acquire Falcon Oil & Gas Ltd. to create ~2.9-million-acre Beetaloo Basin business [Yahoo! Finance]

Tamboran Resources Corporation Common stock (TBN) 
Company Research Source: Yahoo! Finance
30 September 2025 Highlights Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) ( Falcon ) and Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) ( Tamboran ) have entered into a definitive agreement to create an ~2.9 million net prospective acre business across the majority of the Beetaloo depocenter ( Transaction The combination of Tamboran and Falcon is a logical consolidation of two leading Beetaloo Basin businesses and creates a company with a pro forma market capitalization of US$500 million. Under the Transaction, Tamboran will acquire Falcon via the acquisition of all its subsidiaries in exchange for 6,537,503 shares of Tamboran NYSE Common Stock and cash consideration of US$23.7 million. On completion, Falcon will distribute Tamboran shares to eligible shareholders at an exchange ratio of 0.00687 shares of Tamboran NYSE Common Stock for each Falcon Common Stock. These shareholders are expected to own ~26.8% of the pro forma business. The Transaction values Falcon's sub Show less Read more
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