Tamboran Completes Acquisition of Falcon Oil & Gas
[Click image to enlarge]
Tamboran Resources has successfully completed the acquisition of Falcon Oil & Gas, following final court approval in Canada.
Tamboran now holds approximately 2.8 million net prospective acres, the largest acreage position in the Beetaloo Basin.
“This acquisition represents a logical consolidation between the two companies. Our focus now turns to the 2026 operating program, which is planned to be our most active year of operations in the Beetaloo Basin, including the drilling of at least four wells and stimulation of at least five,” said Tamboran Resources CEO Todd Abbott.
Tamboran has commenced the three well stimulation program on the SS2 well pad, with the wells expected to be tied into the Sturt Plateau Compression Facility during the third quarter of 2026.
First gas sales from the commissioning of the pilot project remain on track for 3Q 2026.
Tamboran Resources is a public natural gas company with a vision of supporting the net zero CO₂ energy transition in Australia and Asia-Pacific through developing low CO₂ unconventional gas resources in the Northern Territory of Australia.
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2026 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
