Tamboran Breaks Drilling Records and Eyes LNG Expansion with Santos Partnership

• Drilled and cemented SS-3H well with a 10,000-foot horizontal section, a Beetaloo Basin record
• Completed SS-2H ST1 well with highest proppant intensity and targeting April 2025 flow test
• Signed MOU with Santos for Darwin LNG Train 2 expansion studies
• Binding agreement with APA Group for Sturt Plateau Pipeline construction, first gas targeted 1H 2026