Acreage consolidation in Beetaloo Basin
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Falcon secures approval to sell 98.1% of Falcon Australia to Tamboran
Yahoo Finance· 2026-01-05 22:57
Falcon Oil & Gas has received shareholder approval to sell its 98.1% interest in Falcon Oil & Gas Australia (Falcon Australia) to Tamboran Resources. The approval was secured at a general meeting held by Falcon Australia in December 2025. It marks a key step towards the planned consolidation of acreage in Australia’s Beetaloo Basin by Tamboran Resources and Falcon Oil & Gas. Falcon Oil & Gas and its affiliates were not permitted to vote on the resolutions concerning the transaction. In September 2025, ...