---
title: "Tamboran farm-in agrees staged earn-in up to ~$28.5M for ~10,000 acres in Beetaloo Basin"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281662652.md"
description: "Tamboran has entered a Farm-In Agreement to farm down approximately 10,000 acres in the Beetaloo Basin, securing a staged earn-in of up to US$28.5 million. The agreement involves Daly Waters Energy (DWE) carrying US$11.6 million for Phase 1 Pilot Area work, with the potential for an additional US$11.6 million in Phase 2. Completion is contingent on Tamboran acquiring 98.1% of Falcon Oil & Gas Australia and meeting conditions between DWE and INPEX."
datetime: "2026-04-03T21:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281662652.md)
  - [en](https://longbridge.com/en/news/281662652.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281662652.md)
generator: "portal-rs"
---

# Tamboran farm-in agrees staged earn-in up to ~$28.5M for ~10,000 acres in Beetaloo Basin

**Tamboran entered a Farm-In Agreement to farm down ~10,000 acres and secure a staged earn-in of up to US$28.5 million.**

**Key Highlights:**

-   Tamboran will farm down ~10,000 acres across Shenandoah North, Shenandoah South and BCDA to Daly Waters Energy.
-   The Farm-In provides a staged earn-in up to ~US$28.5M, subject to structured off‑ramps and a milestone carry to Tamboran.
-   DWE will carry Phase 1 with US$11.6M for Pilot Area work and may carry an additional US$11.6M in Phase 2 for BCDA.
-   Completion is contingent on Tamboran acquiring 98.1% of Falcon Oil & Gas Australia and conditions between DWE and INPEX.

Original SEC Filing: Tamboran Resources Corp \[ TBN \] - 8-K - Apr. 03, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**