From the risk section of the prepared transaction: "The...

From the risk section of the prepared transaction:

"The completion of the acquisition by Tamboran of the Origin Assets will result in Tamboran being required to offer its new joint venture partner, a subsidiary of Falcon Oil and Gas Ltd, the joint venture participating interest which Origin held on the same terms as
Tamboran obtained for the acquisition of the Origin Assets, modified to be relevant to the sale of the joint venture interest. It is uncertain whether Falcon will exercise its purchase option. If it does, Tamboran will still be required to complete the Transition
irrespective of Falcon's position. If an exercise of Falcon's purchase option was to occur was to occur Tamboran will need to consider alternative uses for the relevant portion of the capital raise"

When I read the discussions on
https://www.lse.co.uk/SharePrice.asp?shareprice=FOG&share=Falcon-Oil
about Falco Oil and Gas I have the impression that FOG is going to offer ORG the same bidding as TBN for the 77.5% share of the Beetaloo block. Although FOG has not been very active as operator during the previous years, the Irish have a very good idea about the price and value of this resource with 147 TCF shale gas. For the context: it is said that with 3-5 TCF one LNG train can be build and operated economically. I doubt that the Irish won`t fight for this 147 TCF resource, which could have the size category of a giant or elephant gas/condensate field.