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Falcon Oil & Gas files Q1 2026 financials showing a $1.25M loss and progress on deal with Tamboran Resources.

Company Fundamentals
20 May 2026
GlobeNewsWire
View Source
Neutral
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Falcon Oil & Gas Ltd. filed its interim financial statements for Q1 2026, reporting a net loss of $1.25 million compared to $0.5 million in Q1 2025. The company continues to focus on cost management and efficient operations. A significant development is the ongoing definitive agreement with Tamboran Resources Corporation, expected to close in Q2 2026. Falcon's assets and liabilities remain stable, with cash reserves at $197,000 as of March 31, 2026. This update signals steady progress despite losses, with potential growth from the upcoming deal.

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