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Tamboran and Falcon Unite to Command Nearly 3 Million Acres in Beetaloo Basin

6:02pm on Tuesday 30th of September, 2025 AEST Energy
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Tamboran and Falcon Unite to Command Nearly 3 Million Acres in Beetaloo Basin

6:02pm on Tuesday 30th of September, 2025 AEST
Key Points
  • Definitive agreement for Tamboran to acquire Falcon Oil & Gas Ltd.
  • Combined entity to hold ~2.9 million net prospective acres in Beetaloo Basin
  • Transaction values Falcon at C$239 million with a 19.7% premium
  • Falcon shareholders to own ~26.8% of the merged company
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