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Recent Updates — TBN

August 7, 2026View Source ↗

Tamboran Resources Corporation filed an amendment to its Form 8-K to provide audited consolidated financial statements for Falcon Oil & Gas Ltd. and pro forma combined financial information related to the acquisition of Falcon's subsidiaries, which closed on May 28, 2026. The transaction involved Tamboran issuing approximately 6.5 million shares and paying $23.7 million in cash consideration. Falcon reported a net loss of $2.6 million for the year ended December 31, 2025, with total assets of $61.1 million and equity of $42.1 million. The acquisition expands Tamboran's exploration portfolio into Australia, Hungary, and South Africa. Tamboran Resources Corporation operates in the oil and gas industry, focusing on the exploration and development of unconventional energy assets.