secwatch.observer — SEC 8-K summary
======================================

Issuer:     Tamboran Resources Corp (TBN)
CIK:        0001997652
Form:       8-K
Filed at:   2026-05-28T14:23:42+00:00
Accession:  0001628280-26-038647
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tamboran completes acquisition of Falcon subsidiaries, now holds ~2.8M net acres in Beetaloo
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1997652/000162828026038647/0001628280-26-038647-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1997652/000162828026038647/trc-20260528.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-038647

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer