Tamboran holds a 38.75% interest in Beetaloo Sub-basin permits EPs 76, 98 and 117 via Tamboran’s 50% interest in the Tamboran B2 (TB2) Joint Venture (TB2 has a 77.5% operated position in the permits and is a 50/50% joint venture between Tamboran and Daly Waters Energy, LP. TB2 is the operator of the permits and Tamboran is acting as operator on behalf of the joint venture. Falcon Oil & Gas (Australia) Limited hold the remaining 22.5% non-operated interest. The assets cover approximately 4 million prospective acres (1.55 million acres net to Tamboran).