Tamboran Resources : H1 FY22 Half Year Report

For personal use only

2021

Half-Yearly Report

For the period ending 31 December 2021

ACN 135 299 062

Contents

For personal use only

Corporate directory	1
Directors' report	3
Auditor's independence declaration	8
Consolidated statement of profit or loss
and other comprehensive income	9
Consolidated statement of financial position	10
Consolidated statement of changes in equity	11
Consolidated statement of cash flows	12
Notes to the consolidated financial statements	13
Directors' declaration	18
Independent auditor's review report to the
members of Tamboran Resources Limited	19

For personal use only

Corporate directory

Directors

Richard (Dick) Stoneburner

Chairman

Joel Riddle

Managing Director

and Chief Executive Officer

Fredrick Barrett

Daniel Chandra

Patrick Elliott

Ann Diamant

David Siegel

Chief Financial Officer

Eric Dyer

Chief Operating Officer

Faron Thibodeaux

Company Secretary

Joanna Morbey

Registered office

110 -112 The Corso, Manly NSW 2095 Telephone: [phone]

Website: www.tamboran.com

Share register

Boardroom Pty Limited Level 12, 225 George Street Sydney NSW 2000 www.boardroomlimited.com.au

Shareholder access: www.investorserve.com.au

Stock exchange listing

Tamboran Resources Limited shares are listed on the Australian Securities Exchange

(ASX code: TBN)

Auditor

Ernst & Young

200 George Street

Sydney NSW 2000

Business objectives

Between the date of listing on ASX and the date of this report, Tamboran has used the cash and assets in a form readily convertible to cash that it had at the time of admission in a way consistent with its business objectives and as set out in its replacement prospectus dated 4 June 2021.

TAMBORAN RESOURCES | 2021 HALF-YEARLY REPORT

1

For personal use only

2 HALF-YEARLY REPORT 2021 | TAMBORAN RESOURCES

For personal use only

Directors' report

The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'Group') consisting of Tamboran Resources Limited (referred to hereafter as 'Tamboran', 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the half-year ended 31 December 2021.

Directors

The following persons were Directors of Tamboran Resources Limited during the whole of the financial half-year and up to the date of this report, unless otherwise stated:

Mr Dick Stoneburner Chairman

Mr Joel Riddle Managing Director and Chief Executive Officer

Mr Fred Barrett Non-Executive Director

Mr Dan Chandra Non-Executive Director

Ms Ann Diamant Non-Executive Director

Mr Patrick Elliott Non-Executive Director

Mr David Siegel Non-Executive Director

Principal activities

The principal activities of Tamboran focus on shale gas exploration in onshore basins in the Northern Territory of Australia.

Dividends

There were no dividends paid, recommended or declared during the current or previous financial half-year.

TAMBORAN RESOURCES | 2021 HALF-YEARLYREPORT

3