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Peer Strategy - Tamboran Tightens Grip on Oz Shale While Others Watch

Copyright © 2025 Energy Intelligence Group

+ The acquisition of Falcon marks the latest step in Tamboran’s push to stitch together fragmented Beetaloo shale acreage into a coherent asset ripe for development.

+ The founder of the US' Parsley Energy, Bryan Sheffield, and other US investors are providing capital and positioning Tamboran for a potential sale if its strategy bears fruit.

+ Several international oil companies (IOCS), including BP, Shell, TotalEnergies, ConocoPhillips and Inpex, are watching closely but remain wary of the Beetaloo's high costs and unproven status.

paid for.......

https://www.energyintel.com/00000199-a869-d267-a5fb-ece94a9f0000

Seeing Machines entering ‘pivotal’ year, says Peel Hunt

Next year will be ‘pivotal’ for Seeing Machines, says Peel Hunt, which has seen evidence of improving cost control.

Analyst Oliver Tipping retained his ‘buy’ recommendation and target price of 3p on the group which develops artificial intelligence (AI) technology for driver monitoring, which was trading down 0.2% at 3p at the time of writing.

One key change will boost the group from next July when ‘advanced driver distraction warning’ (ADDW) mandate for all new European vehicle registrations takes effect, meaning all new vehicles much have ADDW camera-based technology to detect distractions.

Tipping expects this to ‘buck cyclical trends seen in prior years and aid key performance indicator momentum’.

He has also ‘finally seen evidence of improving cost control; the cash burn run-rate fell $1m from the first half, with more restructuring benefits to come’.

‘Fully year 2026 is a defining year for Seeing Machines,’ he said.

‘While risky, it could feasibly double in price. First quarter automotive volumes will be insightful, but second quarter numbers will be the real proof point that regulatory-driver demand has outweighed the industry cyclicality that we have witnessed for the past two years.’

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Impressive

TBN +14%

Come on SEE, let's have a big name

https://www.accessnewswire.com/newsroom/en/electronics-and-engineering/smart-eye-collaborates-with-sony-on-next-generation-interior-sensing-an-1081903

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06 October 2025 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) was notified on 3 October 2025 that Sheffield Holdings, LP now holds 109,655,398 Common Shares of the Company, representing 9.89% of the currently issued and outstanding Common Shares of the Company.

12 bcf :)

Legislation demands driver attention is maintained at all times and that demands DMS. Even Tesla has DMS so the idea that DMS will become redundant is nonsense. The insurance industry also require DMS

Errandum - ** The UK uses 12bn bcf gas every two days **

** The UK uses 12bn bcf gas each day **

Yeah. As you mentioned, the capital that’s going to be needed — combined with both companies — makes it a way easier road ahead. Talk to me a little bit about the Beetaloo Basin and what you see there, and the opportunity now with the two companies combined.

Well, I've said this many times publicly and internally — I truly believe the Beetaloo Basin is the largest, scalable, drill-ready basin in the world to develop a large-scale shale gas resource.

It’s about 5 million acres in size. We have an interest under virtually every acre in the basin. By virtue of the merger with Falcon, we have 3 million net acres out of the 5 million acres. So it’s a huge basin.

It’s going to deliver gas not only to Australia — we’re going to begin sales in Darwin next year to help their need for energy security.

Our next phase would be to develop gas to deliver to the southeast markets of Australia, which will have a significant undersupply situation toward the latter part of the decade. And then lastly, we’ll put gas on LNG facilities and deliver that throughout the Asia-Pacific region. So it’s actually a huge resource that’s going to deliver gas to an area that, through the course of the next decade and more, needs it desperately.

Maybe you could talk a bit about the scale of it. Because as you mentioned, there’s a long-term plan here that will take you out many, many years. This isn't just one, two or five wells. There's potential for much more than that.

Well, it's funny you should ask that. I have a number off the top of my head — there are approximately 44,000 drilling locations under the acreage that we have an interest in. And we have a controlling interest, meaning we’re the operator, in about half of that. So it’s a huge resource.

We believe that by the mid-2030s, this resource could deliver as much as 12 billion cubic feet a day to the various markets I just described. For comparison, the Marcellus Shale in the northeast US delivers 35 billion cubic feet per day. Some of that is external to the LNG market, but most of it is to the domestic market in the US.

And lastly, how does this move forward now? Obviously, you’ve got some due diligence to do. The deal is definitive, but it’ll be closing in 2026. Is there work to happen before that?

Yeah. Like any merger, there’s work to be done. There are SEC requirements. There are other exchanges that Falcon is traded on. So we have a lot of international diligence — Australia, US, London, Canada. These are all areas where we have obligatory diligence to get us to the point of closing, which we think is sometime in mid–first quarter of 2026.

https://www.proactiveinvestors.co.uk/companies/news/1079682/intertek-shows-slow-and-steady-wins-the-game-1079682.html

Tamboran Resources CEO shares insights into the company’s Falcon Oil and Gas acquisition – ICYMI

Chair and CEO Dick Stoneburner spoke with Proactive about the company's definitive agreement to acquire Falcon Oil and Gas in a strategic move to consolidate its position in the Beetaloo Basin.

Stoneburner explained that the Beetaloo Basin is “the largest, scalable, drill ready basin in the world to develop a large scale shale gas resource,” covering around 5 million acres.

Tamboran, following the merger, will hold 3 million net acres, giving it a controlling position across the majority of the basin.

The acquisition consolidates Tamboran’s operating interest and is expected to streamline future capital expenditure.

“Falcon would have had a hard time keeping up with that capital expenditure to develop the basin,” Stoneburner said, noting that the transaction arose naturally from shared interests.

Tamboran plans to supply gas initially to Darwin starting next year, followed by deliveries to southeast Australian markets and eventually the broader Asia-Pacific LNG market.

Stoneburner noted the long-term scope of the project, referencing “approximately 44,000 drilling locations under the acreage that we have an interest in.”

Looking ahead, he projected that production from the basin could reach up to 12 billion cubic feet (bcf) per day by the mid-2030s, positioning it as a major supplier for energy security needs in the region.

Due diligence is ongoing across multiple jurisdictions including the US, Australia, Canada, and the UK, with the merger expected to close in the first quarter of 2026.

Proactive: All right, welcome back inside our Proactive newsroom. And joining me now is Dick Stoneburner. He is the interim CEO of Tamboran Resources Corp. Significant news out from the company today talking about the acquisition of Falcon Oil and Gas — a really strategic acquisition for sure. Dick, we’ll get into the reasons why in a second, but just off the top of your head, talk to me a bit about the move forward on this.

Dick Stoneburner: Yeah, it's a natural consolidation between Falcon and Tamboran. They’re a non-operated interest partner with us, with a 22.5% working interest. There are hundreds of millions of dollars to spend in the future in this basin, and quite honestly, Falcon would have had a hard time keeping up with that capital expenditure to develop the basin.

So Philip Quigley and I began discussions, which led to a merger discussion. I think it’s going to be good for both companies. It’ll allow us both to move forward and develop this basin.

The Beetaloo Basin in Australia's NT is one of the great Basin Centred Gas Accumulations.

Single basin, multilayered, no tectonics.

Gas volume/unit area, gas volume/t, pressure and TOC all superior to typical Marcellus.

Operated by $TBN ($TBN.AX ) with Brian Sheffield (Daly Waters Energy) and $FO.V as JV partners.

30BCF EUR for 10,000ft laterals. >40,000 sites.

First gas sales in mid 2026 @ ~US$8/MMBTU(/Gj).

TBN now merging with FO.

2.9 million acres currently at just US$170/acre.

Marcellus values range from US$2500-5000/acre for quality acres.

I and MPS clients own these stocks.

https://x.com/DawesPoints/status/1974324359197307240

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Mg

good find

Fitz65 (a respected poster on Hotcopper)

''Our acreage could produce over 60 TCF over the next 20 years - about 2,000 triple play 30 bcf wells (a fraction of 40,000+ locations).

At today’s prices, that’s over US$660 billion gross end customer revenue. Call it $400bn at the well head for TBN. After opex and royalties, that’s about $250bn of total free cashflow (after paying $9bn in royalties just to the Sheffields).

Capex: $30-40bn? Ex-pipeline which someone else can build (cost is factored into opex).

Add in inflation of 3-5% (scarcity factor) over 20 years, the figures multiply by 1.8-2.7x but capex precedes subsequent inflation linked revenues and FCF.

And that’s just 5% of our acreage!

So what’s TBN worth?!

Market cap of US$500m looks a bit on the low side to me.

(Simplified as if we owned 100% of our net acreage and pre-farmout. Same result if gross up and net back down.) ''

https://hotcopper.com.au/threads/general-chatter.6222279/page-764?get_post=true&direction=previous

18p

Orosur Announces Closing of Brokered Private Placement for Gross Proceeds of C$20.0 Million

London, October 2nd, 2025 - Orosur Mining Inc. ("Orosur" or the "Company") (TSX-V/AIM:OMI) is pleased to announce the closing of its previously announced and oversubscribed "best efforts" private placement offering (the "Offering") for aggregate gross proceeds of approximately C$20,000,000, which includes the full exercise of the agents' option for gross proceeds of C$2,000,000. Under the Offering, the Company sold an aggregate of 58,823,530 common shares of the Company (the "Shares") at a price of C$0.34 per Share (being approximately GBP £0.1809 at an exchange rate of GBP £1.88 to CAD).

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Price gaining traction