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OPERATIONS

Falcon formalises venture with Tamboran

IRELAND headquartered Falcon Oil & Gas has formalised its new partnership with Tamboran Resources, waiving its pre-emptive rights to acquire Origin Energy's 77.5% operational stake in three permits in the Beetaloo Sub-Basin.

paul hunt
Falcon formalises venture with Tamboran

Tamboran is acquiring Origin's interest via a 50-50 joint venture with private investor Bryan Sheffield. Once complete the two parties will each hold 38.75% of the permits. Falcon owns the remaining...

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