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Tamboran Announce Resignation of Non-Executive Director

1. Stephanie Reed resigns as Non-Executive Director at Tamboran Resources. 2. Her departure may impact governance and strategic oversight at TBN.

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FAQ

Why Neutral?

While her contributions were valuable, her resignation is not expected to drastically affect TBN's operations or investor sentiment. Historical analysis shows that director changes can lead to short-term uncertainty but often stabilize over time.

How important is it?

While leadership changes can signal shifts in company strategy, Stephanie Reed's recent appointment and quick resignation creates minor concern but does not indicate broader issues.

Why Short Term?

The immediate impact may involve slight investor unease, likely resolving within a quarter as new governance strategies are adopted.

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NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) advises that Ms. Stephanie Reed has resigned as a Non-Executive Director of Tamboran's Board of Directors to focus on other business interests. Ms. Reed has been a valued member of the Company's Board since September 2023, serving on the Compensation and Sustainability Committees of the Board, and supporting the successful listing of Tamboran on the NYSE in June 2024. The Board would like to thank Ms. Reed for her d.

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