Latham & Watkins Advises Tamboran Resources Corporation on US$48.8 Million Public Offering of Common Stock

Tamboran Resources Corporation (Tamboran or the Company) has priced the previously announced underwritten public offering of 2,324,445 shares of Common Stock at a price to the public of US$21 per share. In connection with the offering, the Company granted the underwriters a 30-day option to purchase up to an additional 348,666 shares of Common Stock at the public offering price from the Company. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be US$48.8 million, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on October 24, 2025, subject to customary closing conditions.

Latham & Watkins LLP advised Tamboran in the offering with a corporate team led by Austin/Houston partners David Miller and Michael Chambers, with associates Connor Adams, Carol Bale, Cooper Shear, and Riann Winget, with assistance from Andrea Lee. Advice was also provided on tax matters by Houston partners Tim Fenn and Jared Grimley, with associate Molly Elkins; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associates Jacqueline Zhang and Reilly Nelson; and on benefits matters by Boston partner Josh Friedman, with associate Tessa Young.