Tamboran Resources Corporation · NYSE:TBN
Tamboran Resources — Shareholder Meeting (November 2022)
23 slides from Tamboran Resources's shareholder meeting presentation, Nov 18, 2022
Slide 1: Chairman's Script: Welcome
ASX:TBN Tamboran Resources Limited For personal use only Chairman’s Script for 18 November 2022 Annual General Meeting Slide 1: Welcome Good morning ladies and gentlemen. It is past the appointed time of 10.00 am AEDT and I have been informed that a quorum is present. I therefore declare the 2022 An
Slide 2: Housekeeping and Compliance Statement
If anyone joining us virtually needs another copy of the Notice of Meeting it can be found on the Tamboran website under Announcements. Additional hard copies of the notice are available for those joining us in person if required. Before we proceed to the formal business of the meeting, I have a cou
Slide 3: Submitting Written and Audio Questions
2. For those attending the meeting online, you may either submit written questions via the Lumi platform, or 3. Submit an audio question. I will now explain the process for submitting written questions and audio questions. For personal use only Written questions can be submitted at any time. To ask
Slide 4: Voting and FY22 Highlights
If you are eligible to vote at this meeting, a new polling icon will appear. Selecting this icon will bring up the resolution and present you with voting options. To cast your vote simply select one of the options. There is no need to hit submit or enter button as the vote is automatically recorded.
Slide 5: Six Pillar Sustainability Plan
Slide 8: Six pillar sustainability plan Tamboran launched our six-pillar sustainability plan during the financial year. These pillars include commitments to: 1. partner with the communities in which we operate to make sure that we share in the For personal use only value creation through jobs and bu
Slide 6: H&P Alliance and Origin Gas Sales Agreement
We were also proud to announce the Strategic Alliance, $22 million placement and two-year rig contract with Helmerich and Payne, the largest drilling solutions provider in the US. The Strategic Alliance with H&P, which has significant expertise in deep unconventional shale drilling, is expected to a
Slide 7: Role of Gas in Australia
Further, 65 per cent of houses in Australia use natural gas, which is more than 5 million Australian households. An enormous number of families will feel the pinch of higher cost of gas over coming years, leaving many Australian families having to make the tough decision to either heat houses or coo
Slide 8: Amungee 2H Drilling and Pathway to 5 TCF
We are currently drilling our second well of the year, the Amungee 2H well, which will be drilled with a 1,000-metre horizontal section within the Mid-Velkerri “B Shale” and fracture stimulated with 20 stages. The stimulation program will be the first within the basin designed with true- US style co
Slide 9: 2022 Annual General Meeting
For personal use only Focused on supplying low-CO2 Beetaloo Basin gas to Australia and the Asia-Pacific 2022 Annual General Meeting | 18 November 2022 1 TANUMBIRINI WELL PAD, NORTHERN TERRITORY, AUSTRALIA
Slide 10: Disclaimer
Disclaimer This presentation has been prepared by Tamboran Resources Limited (Tamboran). The information in this presentation is information of a general nature and is subject to change without notice. This presentation contains information in a summary form only and should be read in conjunction wi
Slide 11: Online Attendees - Text Question Process
ONLINE Attendees – TEXT Question PROCESS For personal use only 3
Slide 12: Boardroom Media - Audio Question Process
BOARDROOM MEDIA – AUDIO QUESTION PROCESS For personal use only 4
Slide 13: Online Attendees - Voting
ONLINE Attendees – VOTING For personal use only 5
Slide 14: Chairman's Address
Chairman’s Address Mr. Richard (Dick) Stoneburner For personal use only
Slide 15: FY22 Overview
Tamboran Resources FY22 overview For personal use only ✓ Successfully listed on the Australian Securities Exchange (ASX) in July 2021. ✓ Achieved what Tamboran believes to be commercial IP30 flow rates from testing of Tanumbirini 2H and 3H wells in EP 161. ✓ Completed a $35 million equity placement,
Slide 16: Six Pillar Sustainability Plan
Tamboran Resources Six Pillar Sustainability Plan For personal use only Community Climate Change People Partnering with local and host Committed to Net Zero and Attracting, developing and communities to share value integrating renewable energy and retaining a diverse, inclusive and through the creat
Slide 17: Financial Year 2023 to Date
Financial Year 2023 to date Progressing plans to commercialise production from the Beetaloo For personal use only Completed the acquisition of 38.75% interest and operatorship in three of Origin Energy’s Beetaloo Basin permits Acquisition funded from successful ~$195 million funding package, includi
Slide 18: Global energy crisis accelerating new LNG supply
Global energy crisis providing “perfect storm” to accelerate new LNG supply Decarbonisation planning has created a structural shortage for reliable energy For personal use only Underinvestment in energy… … resulting in higher gas prices … and driving global geopolitics Global annual average of natur
Slide 19: The role of natural gas in Australia
The role of natural gas in Australia Critical need for gas-fired generation will remain through the Integrated System Plan time horizon to 2050 For personal use only Natural gas provided 17.4% Gas provided 21% of Australia’s Gas supplies energy to of Australia’s total energy electricity generation i
Slide 20: Managing Director's Address
Managing Director’s Address Mr. Joel Riddle For personal use only 12
Slide 21: Dominant consolidated position in the Beetaloo Basin
Tamboran’s dominant consolidated position in the Beetaloo Basin Operator of EP 136 (100%) and EP 98/117/76 (38.75%) provides options for Tamboran to lead the pace of development For personal use only 1 2 3 EP 161 EP 136 EP 76/98/117 3 25% Tamboran Interest 100% and operator 38.75% and operator (Sant
Slide 22: FY23 focus
Tamboran Resources FY23 focus For personal use only ❑ Release Tamboran’s inaugural TCFD1 report for climate change reporting. ❑ Safely complete drill and fracture stimulation of two wells in EP 98. ❑ Target initial booking of 2C gas resources in Tamboran’s 100% owned and operated EP 136 permit. ❑ Co
Slide 23: For personal use only
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