Tamboran Resources Corporation (ASX: $TBN) Re-domiciliation Announcement

Tamboran Resources Corporation (ASX: $TBN) has successfully implemented the previously announced scheme of arrangement for the re-domiciliation of the Tamboran Resources Limited and its subsidiaries from Australia to the United States of America. As a result, all ordinary shares in Tamboran Resources Limited have been transferred to the Company, making it the ultimate parent company of Tamboran Group. Tamboran Resources Limited has applied to be removed from the official list of ASX from close of trading on Thursday, 14 December 2023.

Executive Commentary on Re-domiciliation Scheme

The forward-looking statements in this report reflect expectations held at the date of this document. Except as required by applicable law or the ASX Listing Rules, Tamboran disclaims any obligation or undertaking to publicly update any forward-looking statements, or discussion of future financial prospects, whether as a result of new information or of future events.

Summary of Re-domiciliation Scheme Implementation

Tamboran Resources Corporation (ASX: $TBN) has successfully completed the scheme of arrangement for the re-domiciliation to the United States. The Company is now the ultimate parent company of Tamboran Group, and Tamboran Resources Limited has applied to be removed from the official list of ASX. Shareholders will continue to hold their quantity of shares in Tamboran Group as CDIs. Tamboran Resources Corporation remains focused on playing a constructive role in the global energy transition towards a lower carbon future, with key assets in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia. The Company's proposed projects include the EP 98/117 Pilot Project targeting first production in early 2026 and the proposed Northern Territory LNG (NTLNG) development at Middle Arm in Darwin targeting first production by the end of 2030. Tamboran emphasizes that the information contained in the announcement does not take into account the investment objectives, financial situation, or particular needs of any recipient and is not financial product advice.