Tamboran Resources Corp (TBN): M&A transaction — Tamboran completes acquisition of Falcon subsidiaries, now holds ~2.8M net acres in Beetaloo

Tamboran Resources Corp

Issued 6,537,503 shares and paid ~$23.7M cash to acquire all Falcon subsidiaries.
Pro forma shares outstanding 34.9M, market cap ~$1.2B based on May 27 close.
Combined acreage of ~2.8M net prospective acres in Beetaloo Basin depocenter.
Dissenting Falcon shareholder under sanctions gets cash/fair value placed in blocked account.
Focus turns to 2026 program: at least 4 wells drilled, 5 stimulated; first gas sales target 3Q 2026.

item 2.01 item 3.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Tamboran Resources Corp completed an acquisition involving Falcon Oil & Gas Ltd. for 6,537,503 shares of its common stock and paid $23,663,080 in cash (closed 2026-05-28).

Action: acquisition
Counterparty: Falcon Oil & Gas Ltd.
Consideration: 6,537,503 shares of its common stock and paid $23,663,080 in cash
Closing: 2026-05-28

Exact text from the filing

Exploration and Production South Africa (Pty) Ltd, a company incorporated under the laws of South Africa. In exchange for the Subject Interests, Tamboran (a) issued to Falcon 6,537,503 shares (the “ Stock Consideration ”) of its common stock, par value $0.001 per share (the “ Tamboran Common Stock ”), and (b) paid $23,663,080 in cash (the “ Cash Consideration

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5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Tamboran Resources Corp filing history →

Source: SEC EDGAR

accession 0001628280-26-038647

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