Tamboran Resources jumps as court approves Falcon Oil & Gas acquisition

Tamboran Resources

30/03/2026 03:35

** Tamboran Resources TBN.AX jumps as much as 20.8% to A$0.32, highest since February 14, 2022; last up 14.2%

** Stock set for worst session since October 1, 2025

** Natural gas producer says Supreme Court of British Columbia approved acquisition of all units of Falcon Oil & Gas

** Co announced in September 2025 it will acquire Falcon for 6.5 million of its U.S.-listed shares and $23.7 million

** About 7.7 million shares traded, 3.3x the 30-day avg

** YTD, TBN gains 50%

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))