Tamboran Resources Corp

This report contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S.

Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of

future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future

of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future

conditions. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,”

“commit,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and

similar references to future periods.

It is possible that the future financial performance of Tamboran Resources Corporation (the “Company”) may differ

from expectations due to a variety of factors, including but not limited to: our early stage of development with no material

revenue expected until late 2026 and our limited operating history; the substantial additional capital required for our

business plan, which we may be unable to raise on acceptable terms; risks related to the Falcon Acquisition, including the

risk that Tamboran and Falcon are expected to incur significant transaction costs in connection with the Falcon Acquisition,

potential litigation related to the Falcon Acquisition, the risk that the combined company may be unable to realize the

anticipated benefits of the Falcon Acquisition and the risk that the Falcon Acquisition may result in a loss of joint venture

partners and other business partners and may result in the termination of existing contracts; our strategy to deliver natural

gas to the Australian East Coast and select Asian markets being contingent upon constructing additional pipeline capacity,

which may not be secured; the absence of proved reserves and the risk that our drilling may not yield natural gas in

commercial quantities or quality; the speculative nature of drilling activities, which involve significant costs and may not

result in discoveries or additions to our future production or reserves; the challenges associated with importing U.S.

practices and technology to the Northern Territory, which could affect our operations and growth due to limited local

experience; the critical need for timely access to appropriate equipment and infrastructure, which may impact our market

access and business plan execution; the operational complexities and inherent risks of drilling, completions, workover, and

hydraulic fracturing operations that could adversely affect our business; the volatility of natural gas prices and its potential

adverse effect on our financial condition and operations; the risks of construction delays, cost overruns, and negative

effects on our financial and operational performance associated with midstream projects; the potential fundamental impact

on our business if our assessments of the Beetaloo are materially inaccurate; the concentration of all our assets and

operations in the Beetaloo, making us susceptible to region-specific risks; our inability to make accretive acquisitions or

successfully integrate acquired businesses or assets, including in connection with the Falcon Acquisition; the substantial

doubt raised by our recurring operational losses, negative cash flows, and cumulative net losses about our ability to

continue as a going concern; complex laws and regulations that could affect our operational costs and feasibility or lead to

significant liabilities; community opposition that could result in costly delays and impede our ability to obtain necessary

government approvals; exploration and development activities in the Beetaloo that may lead to legal disputes, operational

disruptions, and reputational damage due to native title and heritage issues; the requirement to produce natural gas on a

Scope 1 net zero basis upon commencement of commercial production, with internal goals for operational net zero, which

may increase our production costs; the increased attention to environmental, social and governance (“ESG”) matters and

environmental conservation measures that could adversely impact our business operations; risks related to our corporate

structure; risks related to our common stock and CDIs; and the other risk factors discussed in the this report and the

Company’s filings with the Securities and Exchange Commission (the “SEC”).

It is not possible to foresee or identify all such factors. Any forward-looking statements in this report are based on

certain assumptions and analyses made by the Company in light of its experience and perception of historical trends,

current conditions, expected future developments, and other factors it believes are appropriate in the circumstances.

Forward-looking statements are not a guarantee of future performance and actual results or developments may differ

materially from expectations. While the Company continually reviews trends and uncertainties affecting the Company’s

results of operations and financial condition, the Company does not assume any obligation to update or supplement any

particular forward-looking statements contained in this report, except as required by law.

Additionally, certain forward-looking and other statements in this report or at other locations, such as the Company’s

corporate website, regarding ESG matters are informed by various ESG standards and frameworks (which may include

standards for the measurement of underlying data) and the interests of various stakeholders. Accordingly, such information

may not be and should not be interpreted as necessarily being “material” under the federal securities laws for SEC

reporting purposes, even if the Company uses the word “material” or “materiality” in such discussions. ESG information is

also often reliant on third-party information or methodologies that are subject to evolving expectations and best practices,

and the Company’s approach to and discussion of these matters may continue to evolve as well. For example, the

Company’s disclosures may change due to revisions in framework requirements, availability of information, changes in its

business or applicable governmental policies, or other factors, some of which may be beyond its control.