Tamboran Resources Corp

Other than given as below, as of the date of this report, we are not a party to any material pending legal

proceedings, nor are we aware of any material civil proceeding or government authority contemplating any legal

proceeding, and to our knowledge, no such proceedings by or against us have been threatened. We anticipate that we and

our subsidiaries may from time to time in the future become subject to claims and legal proceedings arising in the ordinary

course of business. It is not feasible to predict the outcome of any such proceedings, and we cannot assure that their

ultimate disposition will not have a materially adverse effect on our business, financial condition, cash flows or results of

operations.

On July 4, 2024, the Environment Centre Northern Territory (“ECNT”) lodged an Originating Application in the

Northern Territory Civil and Administrative Appeals Tribunal (“NTCAT”) for a merits review of the Minister for

Environment, Climate Change and Water Security’s (“Minister’s”) approval of TB1 Operator’s Shenandoah South

Exploration & Appraisal Program EP98 and EP117 Environment Management Plan (“Shenandoah EMP”) (“NTCAT

Merits Review”). On August 20, 2024, the TB1 Operator was added as a respondent to the NTCAT Merits Review. The

NTCAT Merits Review commenced by ECNT under the Petroleum Act 1984 (NT) and the Petroleum (Environment)

Regulations 2016 (NT). ECNT are seeking an order that the Minister’s Original Decision is set aside and substituted with a

decision that the Tribunal Member is not satisfied the information provided in the Shenandoah EMP is sufficiently

compliant with the Petroleum (Environment) Regulations 2016 (NT), including in relation to: (a) risks of wastewater spills

and (b) risks in relation to inter-aquifer connectivity and an order that the Shenandoah EMP should be referred to the NT

EPA for an independent assessment or, in the alternative, an order that varies the Minister’s original decision and

establishes conditions in the Shenandoah EMP.

On December 6, 2024, Lock the Gate Alliance Ltd (“Lock the Gate”) lodged an Originating Application in the

Federal Court of Australia seeking an injunction under s475(2) of the Environment Protection and Biodiversity

Conservation Act 1999 (Cth)(“EPBC Act”), to restrain TB1 Operator from conducting the Shenandoah South Pilot Project

and a declaration under s 21 of the Federal Court of Australia Act 1976 (Cth) that the Shenandoah South Pilot Project is an

action which involves unconventional gas development and is likely to have a significant impact on a water resource within

the meaning of ss 24D and 24E of the EPBC Act.