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Tamboran’s Bold Move: Acquiring Falcon to Command 2.9 Million Acres in Beetaloo Basin
6:03pm on Tuesday 30th of September, 2025 AEST
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Energy
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Tamboran’s Bold Move: Acquiring Falcon to Command 2.9 Million Acres in Beetaloo Basin
6:03pm on Tuesday 30th of September, 2025 AEST
Key Points
Acquisition valued at US$172 million with 19.7% premium to Falcon’s recent share price
Tamboran’s Beetaloo Basin acreage increases by over 50% to approximately 2.9 million net prospective acres
Falcon shareholders to own about 26.8% of the combined company post-transaction
Transaction expected to close in Q1 2026, subject to shareholder and court approvals
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Tamboran Resources (ASX:TBN)
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