Tamboran Sets Sights on First Gas Sales as New CEO Drives Beetaloo Progress

• Successful drilling and stimulation of three 10,000-foot horizontal wells in Beetaloo Basin
• 78% completion of Sturt Plateau Compression Facility, on schedule and budget
• Raised US$67.4 million through public offer and share purchase plan, plus US$32 million PIPE transaction
• Appointment of Todd Abbott as CEO with extensive upstream experience