Tamboran Accelerates Beetaloo Gas Plans with New Wells and Pipeline Deal

• Drilled and completed Shenandoah South 2H sidetrack and 3H wells with record horizontal sections
• Entered binding agreements with APA Group to build and operate the Sturt Plateau Pipeline
• Secured a US$23 million line of credit from Macquarie Bank to support infrastructure guarantees
• Paused SS-3H well completion due to casing stress, with reinforcement planned for early 2025