• Tamboran Resources to offer 2,956,602 shares of Common Stock
• Underwriters granted 30-day option to purchase up to 443,491 additional shares
• Proceeds to fund drilling, resource delineation, and general corporate purposes

Tamboran Resources Corporation has announced the commencement of an underwritten public offering of 2,956,602 shares of Common Stock. The company expects to grant the underwriters a 30-day option to purchase up to an additional 443,491 shares of Common Stock. The net proceeds from the offering will be used to fund additional drilling in the Pilot Area, resource delineation in the Orion Acreage and the Beetaloo Central Development Area, drilling in the EP 161 acreage, as well as working capital and other general corporate purposes. RBC Capital Markets, LLC and Wells Fargo Securities, LLC are acting as joint book-running managers of the offering. Concurrently with the underwritten public offering, the company is also conducting a registered direct institutional entitlement offer of Common Stock pursuant to an effective registration statement filed with the Securities and Exchange Commission (SEC). The underwritten offering is a separate offering, and its completion is not conditioned on the completion of the entitlement offer, and vice versa.