Slide 1: 2024 SEAAOC Presentation
NYSE: TBN, ASX: TBN 2024 SEAAOC Presentation Scott Crabtree – Vice President, Sustainability September 2024 SHENANDOAH SOUTH 2 WELLPAD, NORTHERN TERRITORY, AUSTRALIA
Slide 2: Disclaimer
Disclaimer The information in this presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which include statements
Slide 3: Tamboran's sole strategy is to sustainably develop the Beetaloo Basin
Tamboran Resources Tamboran’s sole strategy is to sustainably develop the Beetaloo Basin Tamboran is 100% focused Targeting first Tamboran gas to We aren’t going anywhere – we on the Northern Territory and Darwin in 1H 2026 are in the NT for the long haul the Beetaloo Basin Northern Territory is our
Slide 4: Community economic impact
Community economic impact Tamboran is committed to working with NT businesses and growing the NT economy Tamboran's Annual Spend in the NT Tamboran's Annual Spend with Indigenous Business 39.5 2.2 (A$ millions) (A$ millions) 18.2 0.4 1.8 - FY22 FY23 FY24 FY22 FY23 FY24 Despite being pre-revenue, Tam
Slide 5: Community engagement
Community engagement Committed to working with remote communities across our operating area Elliott School Basketball backboards Education Sports Culture and Salties basketball clinic ‒ Education Assistance for ‒ Elliott Hawks/Hawkettes ‒ Building a Elliott Students in Male & Female Team new ceremon
Slide 6: Protecting the environment – going beyond compliance
Protecting the environment – going beyond compliance Bringing world class technology to the Beetaloo Basin Methane Satellite Monitoring − This is the first methane satellite monitoring natural gas assets in the Northern Territory − Tamboran is voluntarily working with GHGSat on a methane satelliting
Slide 7: Tamboran's proposed Beetaloo Basin development strategy
Tamboran’s proposed Beetaloo Basin development strategy Aspiration to grow Beetaloo Basin gas production to 2 Bcf/d (gross) as early as 20301 to supply NT, East Coast and Asia Pacific markets Phase 4 – NTLNG (2035+) Potential additional volumes to NTLNG 2 Bcf/d (~780 MMcf/d net TBN) Phase 3 – NTLNG
Slide 8: Strategic Partnerships in place to accelerate Beetaloo and LNG development
Tamboran’s Strategic Partnerships in place to accelerate large scale Beetaloo and LNG development Delivering on commitment to import US technology and build additional pipelines into the Beetaloo Basin (7.2% TBN shareholder) (6.3% TBN shareholder) Strategic Drilling Partner Strategic Completions Par
Slide 9: Phase 1: Proposed Shenandoah South Pilot Project
Phase 1: Proposed Shenandoah South Pilot Project Targeting first gas from proposed ~40 MMcf/d (gross) Pilot Project in 1H 2026 − Proposed Pilot Project targeting six upfront horizontal wells drilled in 2024-25 to achieve ~40 MMcf/d (gross) plateau Sturt Plateau Compression production, subject to fun
Slide 10: Proposed Pilot Project to further optimize US-style well design
Proposed Pilot Project to further optimize “US-style” well design Incorporating learnings from SS-1H to further improve well performance and cost efficiency SS-1H Well 10 stimulation stages over ~1,640 ft (164 ft spacing) Targeting ~5 mmscfd per 1,000-metre (3,280 feet) lateral IP90 flow tests deliv
Slide 11: Phase 2: East Coast Gas Supply
Phase 2: East Coast Gas Supply Opportunity to supply gas into the East Coast gas network via a new high pressure gas transmission pipeline − Market-led opportunity, with strong demand for new gas Beetaloo to Moomba Pipeline (concept only) supplies expected in a market facing material shortages in th
Slide 12: Comparing LNG imports to locally sourced Beetaloo gas by pipeline
Comparing LNG imports to locally sourced Beetaloo gas by pipeline The Beetaloo Basin supports Australian energy security and Australian jobs | LNG imports supports foreign sources Beetaloo Gas Pipeline LNG Import to East to East Coast Coast Beetaloo Gas supports Benefits to Traditional Owners ✓ × Tr
Slide 13: Phase 3: Tamboran's proposed NTLNG Project at Darwin
Phase 3: Tamboran’s proposed NTLNG Project at Darwin Secured Middle Arm site to progress NTLNG | Targeting first fully integrated LNG development in onshore Northern Territory − Northern Territory Government awarded Tamboran ~420-acre (170-hectare) site at Darwin in May 2023 − Signed an Interim Agre
Slide 14: Upcoming catalysts
Upcoming catalysts Progressing towards production from proposed ~40 MMcf/d (gross, ~19 MMcf/d net) Pilot Project in 1H 2026 Complete drilling and stimulation activities, and 4Q 2024 commence flow testing of SS-2H and SS-3H Secure final stakeholder and regulatory approvals YE 2024 for proposed SS Pil
Slide 15: tamboran~
tamboran~ tamboran © RESOURCES