Member Info for Origin789

Heppy Birthday, looks like your courage & belief will pay off handsomely in the near future. Congratulations.

Thank you, a interesting article, conclusion is copied below:

With the SS-2H ST1 and SS-3H flow tests approaching and a potential FID in mid-2025, we'll soon know if this geological promise will finally translate to commercial reality. Several catalysts could accelerate development in the near term: successful resolution of SS-3H technical challenges, conversion of preliminary Asian LNG agreements into binding contracts, progress on East Coast and Darwin pipeline infrastructure, and advancement of new opportunities like the data center project and Darwin LNG expansion through the Santos partnership.

While major players watch from the sidelines and infrastructure plans advance, Tamboran's financial trajectory demands attention. The company has burned through over A$300 million without commercial production, and its share price has fallen almost 50% since its 2021 IPO—mirroring the capital efficiency challenges that plagued earlier Australian LNG projects.

I've been following this story for years, and while I currently hold no position, I've identified a clear investment trigger: the SS-3H well's IP30 flow test results. Strong performance could make this asset an extraordinary multibagger over the next 3-4 years, especially if it catalyzes a farmout deal that addresses existing financing and execution risks. Conversely, underwhelming results would suggest continued caution despite the promising technical indicators.

If successful, Tamboran's approach of combining American operational expertise with Australian environmental standards could establish a template for future resource development worldwide while solving Australia's looming energy challenges.

GLA.

Are you guys attending Falcons Investor Meet, Thursday, 4pm, GMT.. We will be able to hear from POQ, possibly for the final time. Any Qs you have can be posted after accepting the invite.

https://www.investormeetcompany.com/investor/dashboard

A clearer view of the flare today, as Hard Rock mentions, the well is likely being choked at moment.

https://browser.dataspace.copernicus.eu/?zoom=15&lat=-16.80533&lng=133.64233&themeId=DEFAULT-THEME&visualizationUrl=U2FsdGVkX19JdJDpEU7rb6xUsxd3hrdz1itpwNn0Iq7mJOuscDIzPjQyjXlrYKV841AWB946QGOLie8FCAixnU0h4yzEB%2F2dZGX%2ByCW2GJrQxtkJPiZI%2BhW0Jik1TCY6&datasetId=S2_L2A_CDAS&fromTime=2025-12-28T00%3A00%3A00.000Z&toTime=2025-12-28T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22&cloudCoverage=100&dateMode=Single

Merry Christmas, here's to a prosperous 2026!

.Although its not the giant flare we were hoping to see, the visibility is definitely obscured by the cloud cover, and may well be a giant in hiding!

GLA, and have a great Christmas!

It's cloudy in the NT, but looks like they're may be a flare, just about visible.. https://browser.dataspace.copernicus.eu/?zoom=15&lat=-16.80599&lng=133.64225&themeId=DEFAULT-THEME&visualizationUrl=U2FsdGVkX1%2FC6e8h3C2u4oMemKG9h01qShF06Rs1MHsVcIJf2VD48kTvmH9fl6wQPlM%2Fys%2FSn8eUOjqS7pvFeaX7gpfNClOqGfPs6wg5SwgTPZ1DGlT1FRShozhGt90Z&datasetId=S2_L2A_CDAS&fromTime=2025-12-23T00%3A00%3A00.000Z&toTime=2025-12-23T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22&cloudCoverage=100&dateMode=Single

Thanks HR, and with the SWIR it is looking good!

https://browser.dataspace.copernicus.eu/?zoom=16&lat=-16.70126&lng=135.10305&themeId=DEFAULT-THEME&visualizationUrl=U2FsdGVkX1%2BhI7oal2p7a7dPt503bV2i8Ql%2FH0qWpehAtkF%2Fx%2B9PQAui9HqK35PRQ4v3k5GX8Cw%2BBFGuv4b80mJk0ZlxvDKUWOKziBrS5tsw%2BRu8ADaA4QYbrEMVBwap&datasetId=S2_L2A_CDAS&fromTime=2025-11-28T00%3A00%3A00.000Z&toTime=2025-11-28T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22&cloudCoverage=100&dateMode=Single

DP, I understand your sentiments, FOGs valuation is worth more than the deal that's on the table. If we vote against the deal, we would need to hope that Tamboran offers a better deal, or another company comes in to make an offer. If that doesn't happen, we would need to raise cash to pay for FOGs share towards the pipeline & POQs wages etc.so a hefty dilution. Can we trust POQ to do the right thing and put shareholders first? I believe that POQ sold us short, but Tamboran looks like our only option to move forward right now.

Farmout update and proposed acreage swap with DWE

Increasing farmout acreage to 500,000 acres and alignment with DWE | Tamboran and DWE to align 50/50% on Pilot Area

− Increased the Phase 2 Development Area to 500,000 acres

− 100,000 acres added from Daly Waters Energy (DWE) operated acreage adjacent to the Pilot Area

− Tamboran expected to hold ~45% interest in the farmout block (FOG 22.5%, DWE ~33%)

− Post-completion of the Falcon acquisition, Tamboran and DWE have agreed, in principle, to swap ownership of ~60,000

net acres between the Phase 2 Development Area and the Southwest Beetaloo block

Farmout update and proposed acreage swap with DWE Increasing farmout acreage to 500,000 acres and alignment with DWE | Tamboran and DWE to align 50/50% on Pilot Area

− Increased the Phase 2 Development Area to 500,000 acres

− 100,000 acres added from Daly Waters Energy (DWE) operated acreage adjacent to the Pilot Area

− Tamboran expected to hold ~45% interest in the farmout block (FOG 22.5%, DWE ~33%)

− Post-completion of the Falcon acquisition, Tamboran and DWE have agreed, in principle, to swap ownership of ~60,000 net acres between the Phase 2 Development Area and the Southwest Beetaloo block

I agree that FOG shareholders are getting a low all offer. Could it be that POQ never mentioned the bond or having to raise money, because he knew he had all ready got a deal in place that suited himself. We can vote NO to the offer, the vote needs 66% in favour to be accepted. Tamboran is in a better place than FOG, and we now know that our CEO won't look after us, so are we better just to accept this offer.

Copied from Falcons update:

Why proceed now instead of waiting 2–3 years?

Falcon has historically managed its capital commitments by reducing its drilling interest.

However:

 Falcon was still responsible for 22.5% of all annual operator costs across the entire

Beetaloo JV of several million a year.

 To secure capacity in the A$70 million APA pipeline, Falcon needed to post its share

of the cash collateral required by APA by 30 September 2025.

 Raising equity was becoming increasingly difficult in current market conditions.

The Board concluded that becoming part of a larger, well-capitalized operator like Tamboran

significantly de-risks the future for Falcon shareholders.

Id like to think that there is another offer round the corner, sure Tamboran would offer us a better deal if pushed. POQs silence is deafening!

Yes - we must all vote to reject this low offer.

Businesswire Article today: TBN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Tamboran Resources Corporation Is Fair to Shareholders.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Tamboran Resources Corporation (NYSE: TBN) and Falcon Oil & Gas Ltd. is fair to Tamboran shareholders. Upon completion of the proposed transaction, Tamboran shareholders will own 73.2% of the combined company.

Halper Sadeh encourages Tamboran shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Tamboran and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Tamboran shareholders; and (2) disclose all material information necessary for Tamboran shareholders to adequately assess

Thanks Dprusky, that looks one big healthy flare, will be interesting to hear the flow test results on that one!

Thanks Blue & Schlemiel, all very positive news, it seems the difficulties have stopped and the good news just keeps on rolling in! GLA!

Yes, there was a little more thought about doing a reverse split this time, unlike the previous time it was suggested,

It looks like we are now n a good position, and just a matter of time, maybe the 18 month wait for the SP to rise significantly coukd be correct this time round! GLA.

Thanks, Blue Wiley,

8) I believe the NT will become the most important energy hub supplying the far East.

As global demand for clean energy and green technology rises, the Beetaloo will offer low Carbon transitional gas, Australia stands to benefit significantly from this shift. The country also boasts a stable, well-regulated economy. Strong governance, transparent financial reporting, and a reliable legal system make it a safe place for foreign investors.

Asian markets nearby have offered strong marketing opportunities, stable relationships, business partnerships and provided long term investment in Australia.

Australia will be THE place to be, hence why Sheffield & Co are so keen to be involved with Gas in the NT. GLA.