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Tamboran Resources appoints Todd Abbott managing director as Beetaloo moves into development
Tamboran Resources Corporation (NYSE:TBN, ASX:TBN, OTC:TBNRL, FRA:O8R) has appointed chief executive officer (CEO) Todd Abbott as managing director as the company moves from appraisal into development of its Beetaloo Basin gas assets in the Northern Territory. The appointment takes effect on October 19, 2026, and formalises Abbott's executive leadership at board level, following his appointment as CEO in January.
Tamboran Resources Q4 Earnings Call Highlights
Tamboran Resources NYSE: TBN said it has begun selling gas from the Beetaloo Basin into the Northern Territory market, marking a milestone for the company as it works to establish longer-term production performance and advance broader development plans.
Tamboran Resources delivers first Beetaloo gas sales as Shenandoah South enters commissioning
Tamboran Resources Corporation (NYSE:TBN, ASX:TBN, OTC:TBNRL, FRA:O8R) has begun initial gas sales from the Shenandoah South Pilot Project in the Northern...
Tamboran Resources Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| FP Frank Poli COHEN & STEERS Inc. | 137,091 | $3.89M | $4.18M | $287,539.03 | 7.39% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 65 | $2,080.65 | $1,877.2 | -$203.45 | -9.78% |
 Dalila Toledo Ascent Group LLC | 10,299 | $329,670.97 | $312,317.17 | -$17,353.8 | -5.26% |
 Hui Fai Tam Caitong International Asset Management Co. Ltd. | 8 | $260 | $235.44 | -$24.56 | -9.45% |
 Alexandra Stickelman Root Financial Partners, LLC | 19 | $626 | $551.38 | -$74.62 | -11.92% |
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Tamboran Resources Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Todd C. Abbott CEO | NYSE Exchange | 87507T101 CUSIP |
| AU Country | 47 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Tamboran Resources Corporation is a specialized natural gas company with its efforts concentrated on the exploration and development of unconventional gas resources within Australia's northern territory. The organization has established a significant presence in the Betaloo Basin, where it holds varying working interests across several exploration permits. Founded in 2009 and with its headquarters in Sydney, Australia, Tamboran Resources Corporation leverages its strategic assets and expertise in the energy sector to explore, develop, and possibly commercialize natural gas resources, aiming to meet the growing energy demands both locally and globally.
Products and Services
- Exploration and Development in EP 161
Tamboran holds a 25% non-operated working interest in Exploration Permit (EP) 161. This stake allows them to participate in the exploration and potential development of unconventional gas resources within this specified area, contributing to their overall asset portfolio in the Betaloo Basin.
- Working Interests in EPs 76, 98, and 117
With a 38.75% working interest in EPs 76, 98, and 117, Tamboran Resources Corporation plays a significant role in the exploration efforts within these permits. These interests represent a cornerstone of their operations in the Betaloo Basin, facilitating the exploration of additional unconventional gas resources.
- Full Ownership in EPs 136 and 143
Tamboran holds a 100% working interest in EPs 136 and 143, along with EP (A) 197. This full ownership underscores the company's commitment to the Betaloo Basin and enhances its ability to direct exploration and development activities within these areas fully. Such concentrated ownership positions Tamboran Resources Corporation for potential full-scale development and commercialization of discovered gas reserves.
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