News: TBN Tamboran Resources Signs Four LOIs For 510-750 TJ Per Day With Potential East Coast Gas...

Aug 2 (Reuters) - Tamboran Resources Ltd (TBN) :

• SIGNS FOUR LOIS FOR 510 - 750 TJ PER DAY WITH POTENTIAL EAST COAST GAS BUYERS
• HAS SIGNED FOUR SEPARATE NON-BINDING LETTERS OF INTENT WITH ORIGIN, AGL, ENERGYAUSTRALIA AND SHELL ENERGY AUSTRALIA
• WILL SEPARATELY WORK WITH PARTIES TOWARD EXECUTING SEPARATE BINDING FULLY TERMED GAS SALES AGREEMENTS
• FIRST GAS IS TARGETED TO COMMENCE IN 2028, SUBJECT TO COMMERCIAL FLOW RATES FROM TAMBORAN'S BEETALOO BASIN ASSETS
• SEPARATE BINDING FULLY TERMED GAS SALES AGREEMENTS FOR PURCHASE PRICE, TRANSPORT ARRANGEMENTS AND OTHER KEY COMMERCIAL TERMS
• LOIS TO POTENTIALLY PURCHASE AGGREGATE 510-750 TJ PER DAY OF GAS FROM CO'S CO2 BEETALOO BASIN ASSETS FOR UP TO 10 - 15 YRS