TBN

AUSTIN, Texas--(BUSINESS WIRE)--Formentera Partners, its Australian operating company, Daly Waters Energy (DWE), and joint-venture partner Tamboran Resources (NYSE: TBN), today announced they achieved first sales of natural gas from the Shenandoah South Pilot Project in Australia's Beetaloo Basin. These are the first natural gas molecules ever sold from the Beetaloo and will be used to power Darwin, the Northern Territory's capital and largest city. The gas moves through the Sturt Plateau Compr.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chief Executive Officer, Mr. Todd Abbott, said: “Commissioning of the Sturt Plateau Compression Facility with gas from the SS2 well pad is a major milestone for Tamboran and the Beetaloo Basin. Full credit goes to the Tamboran team, our partners, as well as our key contractors, who have delivered the project on schedule and within budget. “With all five wells on the Shenandoah South 2.

Tamboran Resources is transitioning to first production while establishing a paid appraisal platform in the Beetaloo Basin, enabling both revenue and critical reservoir data collection. TBN's robust liquidity position, Falcon acquisition, and industrial-scale stimulation program have reduced the gap between exploration and commercial production, supporting a unique, capital-intensive growth thesis. The Shenandoah South Pilot Project's fixed-price, take-or-pay gas contract provides a revenue base and operational runway to optimize well design and economics before scaling up.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chief Executive Officer, Mr. Todd Abbott, said: “The successful completion of the SS-3H, -4H and -5H stimulation program is a significant achievement for Tamboran and for the Beetaloo Basin. Delivering the largest stimulation campaign in the basin's history, including records of 12 stages in a single day and pumping operations exceeding 20 hours per day, is a testament to the skill an.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chief Executive Officer, Mr. Todd Abbott, said: “I would like to thank both Falcon and Tamboran shareholders for their strong support and approval of the transaction. This acquisition represents a logical consolidation between the two companies and provides the combined company with the largest acreage position in the Beetaloo Basin with approximately 2.8 million net prospective acres.

Tamboran Resources NYSE: TBN said it remains on track to deliver first gas from its Beetaloo Basin pilot project in the third quarter of the calendar year, as the company highlighted farm-out activity, recent financing and upcoming drilling and stimulation work during its fiscal 2026 third-quarter earnings call.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation plans to release the Company's third quarter earnings and operational update after NYSE market closes on Wednesday May 13, 2026 (US time). Tamboran's Chief Executive Officer, Mr. Todd Abbott will host a webcast commencing at 5:30pm EDT to provide an update on the Company's operations in the Beetaloo Basin. This will be followed by a short Q&A session with analysts. Access to the live audio webcast for the conference call is available.

Tamboran is aiming to start commercial production in Australia's Beetaloo Basin later this year. This is considered a key future supply source for Australia's natural gas needs (including LNG exports). It is aiming to drive its well costs down significantly over time, going from $26 million currently to a 2030 target of $15 million for a 10,000-foot lateral.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Other Information The offering of these securities is being made only by means of the prospectus supplement and accompanying base prospectus as filed with the SEC. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SEC's website at www.sec.gov under Tamboran's name or from the joint book-running managers as follows: RBC Cap.

NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Other Information The offering of these securities is being made only by means of the prospectus supplement and accompanying base prospectus as filed with the SEC. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SEC's website at www.sec.gov under Tamboran's name or from the joint book-running managers as follows: RBC Cap.