Falcon Oil & Gas Australia Limited (FOGA) has secured a key approval from its shareholders for the sale by Falcon Oil & Gas Ltd. (Falcon) of Falcon’s 98.1% interest in FOGA to Tamboran Resources Corporation (Tamboran).
- Falcon Oil & Gas Australia Limited (FOGA) has secured a key approval from its shareholders for
the sale by Falcon Oil & Gas Ltd. (Falcon) of Falcon’s 98.1% interest in FOGA to Tamboran
Resources Corporation (Tamboran).
- The acquisition of Falcon’s 98.1% interest in FOGA will provide Tamboran with the option of
compulsorily acquiring the 1.9% interest in FOGA held by minority shareholders.
- The acquisition forms part of a broader transaction announced on September 30, 2025, whereby
Tamboran will acquire all the subsidiaries of Falcon, subject to certain shareholder and
regulatory approvals.