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Investor Presentaiton

Tamboran's "Core Beetaloo❞ Focus Premium Acreage in Basin Depocenter, Positioned to Deliver First Beetaloo Development by 2025 Current and upcoming drilling by Santos, Origin and Tamboran primarily focused in the "Core Beetaloo", the area positioned to deliver first commercial pilot development by year-end 2025. Tamboran's key assets (EP 161 and EP 136) are located in the "Core Beetaloo" area. - 31 TCF total net resources in Beetaloo Sub-basin depocenter position (~3,000m depth) Mid-Velkerri B shale, is thickest with very limited faulting and superior reservoir qualities. 3 horizontal wells are currently being drilled in the Core Beetaloo with results by YE2021 Beetaloo Sub-basin Regional Map (Mid-Velkerri Shale) EP167 Wyworrie 1 EP288 Tarlee S3 Birdum Creek 1 EP15 Tarlee 2 EP168 Shallow Beetaloo Tarlee 1 EP318, Beetaloo Extension EP154 Santos tamboran EP 136 Tanumb 2H/3H horizontal wells underway 75% Santos (operator) 25% Tamboran Core Beetaloo Tanumbirini 2H Marmbulliganl EP161 Tanumbirini 3H Kalala South 1 Amungee NW 1H EP98 Tanumbirini #10 Shenandoah 1 Maverick #1 76-N2 EP136 EP76 Beetaloo WI Kyalla 117 N2 Depth to top of Middle Velkerri (meters) EP(A)197 -250 -500 -750 -1,250 -1,750 -2,250 -2,750 FALCON origin 0 32 kilometers Amungee NW1H, Kyalla 117 N2, and EP 76-N2 operations currently underway EP(A)354 EP187 Carpentaria tamboran RESOURCES EP 136 Maverick 1/1H horizontal well (1H 2022) 100% Tamboran (operator) Previously drilled wells Wells anticipated in 2021/2022 7
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