Tamboran Advances Beetaloo Gas Ambitions with $55M Raise and Key Well Tests

• Completed 35-stage stimulation of Shenandoah South 2H sidetrack well
• Initiated 90-day flow test on SS-2H ST1 well with results expected mid-June
• Raised US$55.4 million via Private Investment in Public Equity (PIPE)
• Signed binding agreements with Daly Waters Energy to finalize acreage positions and sell non-operating interests