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Falcon Oil & Gas reports $2.6M loss in 2025, expects deal with Tamboran to close Q2 2026

Company Fundamentals
29 Apr 2026
GlobeNewsWire
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Bearish
pluang ai news

Falcon Oil & Gas Ltd. announced a net loss of $2.6 million for the year ended December 31, 2025, reflecting ongoing cost management and operational efficiency efforts. The company reported cash reserves of $1.3 million at year-end, down from $6.8 million in 2024. Falcon is progressing with a definitive agreement to merge with Tamboran Resources Corporation, expected to close in the second quarter of 2026. The company has filed its audited financial statements and related documents, signaling transparency and compliance with regulatory requirements.

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