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Tamboran Resources Corporation

05/20/2026 | Press release | Distributed by Public on 05/19/2026 20:17

Operational Leadership: Todd Abbott Accelerates Tamboran’s Beetaloo Development

The Beetaloo Basin has reached a critical inflection point. As Tamboran Resources Corporation (ASX/NYSE: TBN) moves toward historic first gas delivery in 2026, the company's recently appointed Chief Executive Officer, Todd Abbott, has hit the ground running with a clear focus on operational rigour and stakeholder engagement.

Strategic Engagement in the Northern Territory

In his first official visit to Australia since taking the helm in January 2026, Mr. Abbott focused on reinforcing Tamboran's partnerships within the Northern Territory. The visit included high-level briefings with key government and regulatory figures in Darwin to align on the region's energy future.

Meetings were held with Mining Minister Gerard Maley, Territory Coordinator Stewart Knowles, and Department of Mining and Energy CEO Alistair Trier. These discussions centred on Tamboran's role in delivering energy security and supporting the Northern Territory's economic roadmap.


"The depth of experience we have in shale development means we attract the best when it comes to investment and partnerships. We have brought the best technology and capability into the Beetaloo."

- Todd Abbott, CEO, Tamboran Resources


Applying the US Shale Playbook to Australian Assets

Mr. Abbott joins Tamboran with over 20 years of experience in unconventional operations at premier US firms, including Pioneer Natural Resources and Marathon Oil. This expertise is being directly applied to optimise Tamboran's drilling performance in the Beetaloo Basin.
A Step-Change in Drilling Efficiency
The transition to a development-ready operator is already evidenced by record-breaking drilling metrics. By leveraging the "US Shale Playbook," Tamboran has achieved:
  • Rapid Execution: Achieving spud-to-total depth (TD) in an average of 26.7 days, with the most recent well at 25 days-well within the 35-day forecast.
  • Advanced Technology: Utilizing Helmerich & Payne's Flex 3 high-performance rigs and Liberty Energy's modern stimulation fleets.
"It's Australian gas, for an Australian market first… the east coast gas shortage is well known, and we have the gas at the right time."

Strategic Roadmap for 2026 First Gas

Under the leadership of the new executive team, Tamboran is focused on meeting its 2026 milestones with a "local-first" commercial strategy. The roadmap includes:

1. Domestic Energy Security

Prioritising first gas delivery to the Northern Territory market in Q3 2026. This serves as a vital proof-of-concept for the Beetaloo Basin's ability to ease looming energy shortfalls across the Australian East Coast in the future.

2. Local Participation

A key pillar of our 2026 strategy is to continue to work with Native Title Holders and local businesses to ensure the project is a genuine partnership that represents significant and real economic benefits for the people of the Northern Territory.

3. Regional Energy Transition
 In the long term, Tamboran aims to position the Beetaloo as a world-class energy hub, providing Australia and the Asia-Pacific region with a reliable, secure and affordable energy.
For the latest updates on leadership and operational milestones, visit the Tamboran Leadership Team page or the Investor Center.
Forward-Looking Statements: This article contains factual reports on corporate activities and involves forward-looking statements regarding future production and delivery timelines. These statements are based on current expectations and are subject to various risks and uncertainties as outlined in our SEC and ASX filings.
Tamboran Resources Corporation published this content on May 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 20, 2026 at 02:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]