Tamboran Resources Corporation · NYSE:TBN
Tamboran Resources — Developing Northern Australia Conference 2021
18 slides from Tamboran Resources's conference presentation, Aug 18, 2021
Slide 1: Next Generation E&P Company
Next Generation E&P Company For personal use only Supporting the Net Zero Energy Transition in Australia and Asia-Pacific Developing Northern Australia Conference Presentation | August 2021 CARPENTARIA HIGHWAY, NORTHERN TERRITORY AUSTRALIA
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Tamboran Resources Limited (Tamboran). The information in this presentation is information of a For personal use only general nature and is subject to change without notice. This presentation contains information in a summary form only and should be
Slide 3: Tamboran Resources: Supporting the global energy transition towards a lower carbon future
137 Tamboran Resources Supporting the global energy transition towards a lower carbon future 135 For personal use only Our Vision 124 Estimated LNG Trade To play a role in the global energy transition by responsibly investing in the development of clean, Volume low CO2, unconventional natural gas re
Slide 4: Tamboran Highlights
Tamboran Highlights Focused Strategy on Developing Clean, Low Cost, Gas Resources from the Beetaloo Sub-basin For personal use only Target is to become a Focused High-Quality Assets with Low-Cost Development Expertise in Net Zero Emissions "Core Beetaloo" Scale and Multiple High Targeting Multiple U
Slide 5: Tamboran's Vision is to Become a Net Zero Carbon Gas Producer
Tamboran's Vision is to Become a Net Zero Carbon Gas Producer For personal use only Tamboran’s Six Sustainability Pillars: Approximate CO2 Contained In Reservoir (1) 1) Health and Safety: Putting health and safety first 9 2) Climate Change: Playing a role in the transition to a Aim to become a net l
Slide 6: Tamboran's focused "Core Beetaloo" Basin Strategy
Tamboran’s focused “Core Beetaloo" Basin Strategy Focused on Accelerating Commercialisation of the Beetaloo Basin For personal use only • “World-Class” Shale Basin — Similar scale and high-quality reservoir properties as Marcellus Shale (Pennsylvania, USA) • Low Carbon gas characteristics — Reservoi
Slide 7: Tamboran's "Core Beetaloo" Focus
Tamboran's “Core Beetaloo” Focus Premium Acreage in Basin Depocenter, Positioned to Deliver First Beetaloo Development by 2025 For personal use only Beetaloo Sub-basin Regional Map (Mid-Velkerri Shale) Current and upcoming drilling by Santos, Origin and Tamboran primarily focused in the "Core Beetal
Slide 8: Tamboran's EP 161 and EP 136 Assets in the "Core Beetaloo"
Tamboran’s EP 161 and EP 136 Assets in the “Core Beetaloo” 100% Operator of EP 136 Allowing Tamboran to Set the Pace for Development For personal use only EP 161 EP 136 — 25% net interest, Santos-operated. —100% interest, Tamboran-operated. — 12 TCF net resources.(1) —19 TCF net resources.(1) — Stro
Slide 9: Tamboran's "Core Beetaloo" Basin Depocenter Position
Tamboran's “Core Beetaloo” Basin Depocenter Position ~500m Mid-Velkerri section with limited faulting, superior reservoir qualities and de-risked by Tanumbirini #1 For personal use only West to East Cross-Section - Mid-Velkerri Shale Tanumbirini #1 Depth 76-N2 Well Maverick #1/1H Tanumbirini #2H/3H
Slide 10: Tamboran - The Most Active Driller in The Beetaloo for FY2021
Tamboran - The Most Active Driller in The Beetaloo for FY2021 Tamboran Committed for Three Well Drill Campaign to De-risk Resource & Accelerate Development For personal use only Easternwell 106 Rig Company Blocks 1H 2021 2H 2021 1H 2022 Tanumbirini #2H Horizontal Drill Tamboran EP 161 Committed for
Slide 11: EP 161 / EP 136 Phased Appraisal Plan
EP 161 / EP 136 Phased Appraisal Plan Multiple High Impact Wells Planned in the Next 12 months, Targeting Maverick Pilot Section by YE 2023 For personal use only Phase 1 Phase 2 (through 1H 2022) (through YE 2023) Tanumbirini Tanumbirini #2H/3H #2H/3H EP 161 EP 161 EP 136 EP 136 M EP 136 Ca cAr Mave
Slide 12: "Core Beetaloo" Commercial Threshold
“Core Beetaloo” Commercial Threshold Tanumbirini #2H / #3H / Maverick #1H commercial flow rates would trigger EP 136 Maverick Pilot Development For personal use only Vertical Well Horizontal “Test” Well Horizontal Development Well EP 161 Tanumbirini #1 EP 161 Tanumbirini #2H/#3H EP 136 Maverick Pilo
Slide 13: Tamboran's Commercialisation Strategy with Jemena
Tamboran’s EP 136 Commercialisation Strategy with Jemena Phased, Long-Term Strategy Targeting Multiple Markets and Premium Pricing For personal use only In 2020, Tamboran and Jemena agreed on a detailed commercial framework to form a Joint 3 Venture (JV) to build, own, and operate long term midstrea
Slide 14: Targeted Full-Cycle Cost for Target Markets
Targeted Full-Cycle Cost from EP 136 for Target Markets For personal use only 1 2 3 2028+ 2023 - 2024 YE2025 Domestic & LNG Backfill Local NT SE Existing Wallumbilla Darwin Cost Breakdown (1) Market Infrastructure Upstream Cost(2) ~$4.50 ~$3.00 ~$2.00 - $3.00 ~$2.00 - $3.00 $A per GJ Northern Territ
Slide 15: Tamboran Operating Team - US Shale Experts
Tamboran Operating Team - US Shale Experts Focused on accelerated reduction of costs by applying US Shale Expertise & Latest 7-Gen Drilling Technology For personal use only Tamboran’s US Shale Operating Experience by Basin & Operator — Tamboran's operating team provides a significant competitive adv
Slide 16: Tamboran Resources "Next Generation" E&P Company
Tamboran Resources "Next Generation” E&P Company For personal use only ✓ Targeting to become a net zero gas producer when company initiates first production by YE 2025 ✓ High quality “Core Beetaloo” asset base positioned to deliver gas to the East Coast domestic market, the Gladstone LNG projects an
Slide 17: For personal use only
For personal use only info@tamboran.com +61 2 9977 6522
Slide 18: Appendix: Technical Expert Report – Resource Disclosures
Appendix: Technical Expert Report – Resource Disclosures For personal use only - Contingent and Prospective Resource estimates for EP 161 and EP 136 were assessed as of 31 January 2021. Tamboran confirms that it is not aware of any new information or data that materially affects the information incl
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