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Investor Presentaiton

Supportive Federal & State Governments TOP END -ENERGY- THE ENERGY OF TOMORROW " The Beetaloo Sub-basin is potentially a world-class gas resource which could create thousands of jobs and help bolster supplies of gas for the domestic market and for exports around the world " - Federal Minister for Resources and Water ●Repealing of moratorium on hydraulic stimulation Northern Territory government accepts all recommendations in 2018 fracking inquiry • Government pursues gas-led recovery North Bowen and Galilee Strategic Basin Plan ($20.7m investment in gas potential and >$400m in studies and infrastructure upgrades) Cooper and Adavale Strategic Basin Plan ($60m investment to facilitate new gas supply) Beetaloo Strategic Basin Plan $50m Beetaloo Cooperative Drilling Program to support $200m of exploration Continued support for Beetaloo drilling grants Grants issued to both Empire Energy ($19.4m) and Tamboran Resources ($7.5m) in Q1 2022 Energy & emissions reduction investment $300m allocated in 2022-23 Budget to support low emissions LNG and clean hydrogen in the NT Northern Territory Government Gas Strategy 1 Expand the world-scale Darwin LNG export hub 2 Grow the Northern Territory's service and supply industry 3 Establish gas-based processing and manufacturing 4 Grow research, innovation and training capacity Infrastructure upgrades: $217m NT 5 Contribute to Australia's energy security Gas Industry Roads Upgrades Corporate Presentation 12
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