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 (as defined

below), including the risk that Tamboran and Falcon (as defined below) 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 CHESS Depository Interests

(“CDIs”); and the other risk factors discussed in 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.