Tamboran Resources Corporation

Tamboran Resources Limited is an Australia-based natural gas company. The Company is focused on shale gas exploration in onshore basins in the Northern Territory of Australia. The Company holds the Beetaloo Basin with approximately 1.9 million net prospective acres. The Company holds net 2C contingent resources of approximately 1.5 trillion cubic feet (TCF). The Beetaloo Basin is located in the Northern Territory of Australia, approximately 600 kilometers (km) south of Darwin. Tamboran holds a 38.75% interest in Beetaloo Sub-basin permits EPs 76, 98 and 117 via its 50% interest in the Tamboran B2 (TB2) Joint Venture with Daly Waters Energy, LP. It holds 25% interest in Beetaloo Sub-basin permit EP 161. The permit covers approximately 540,000 prospective acres. EP 161 hosts Mid Velkerri B Shale at approximately 3,300 meters. The Company holds 100% interest in Beetaloo Sub-basin permit EP 136. The permit covers 212,000 prospective acreages.