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Tamboran Resources Appoints Todd Abbott as Managing Director

Todd Abbott has been appointed as Managing Director of Tamboran Resources Corporation, in addition to his role as Chief Executive Officer, effective today. Abbott has more than 25 years of upstream oil and gas experience spanning unconventional shale operations, strategy, infrastructure, business planning and corporate finance. The appointment follows Abbott's appointment as Chief Executive Officer in January 2026.

Tamboran Resources Begins Gas Sales in Northern Territory

Tamboran Resources and Daly Waters Energy have commenced initial gas sales from the company's Shenandoah South Pilot Project in the Beetaloo Basin, Northern Territory. The milestone marks the first volumes delivered from the Beetaloo Basin to the Northern Territory gas market, bringing affordable and secure energy to the region. Volumes from the field are expected to ramp up to the full 40 terajoules per day contracted to the Northern Territory Government under a long-term take-or-pay agreement by early 2027. Tamboran Resources Corporation Chief Executive Officer, Todd Abbott, said: "Over the weekend, Tamboran and our joint venture partner DWE delivered our first molecules of gas from the Beetaloo Basin into the Northern Territory gas network. This marks a major milestone for the Beetaloo Basin, the Northern Territory and our key stakeholders, who will start to see the economic benefit of locally supplied energy."

Tamboran Resources Launches Sturt Plateau Compression Facility, Expected Daily Gas Sales of 40 TJ

Tamboran Resources CEO Todd Abbott, said: "Commissioning of the Sturt Plateau Compression Facility with gas from the SS2 well pad is a major milestone for Tamboran and the Beetaloo Basin. Full credit goes to the Tamboran team, our partners, as well as our key contractors, who have delivered the project on schedule and within budget. With all five wells on the Shenandoah South 2 pad drilled, stimulated and tied back to the facility, we look forward to imminently delivering first gas sales of up to 40 TJ/d to the Northern Territory Government under our long-term gas sales agreement, powering Northern Territory businesses and residences. The Beetaloo Basin is well positioned to deliver future energy security for Australia and our trading partners across the Asia Pacific, whilst also delivering lasting job and economic opportunities for Territorians and Native Title Holders." The Sturt Plateau Compression Facility Trust, a 50/50 Joint Venture between Tamboran and Daly Waters Infrastructure, has commenced gas commissioning of the SPCF with gas from wells on the Shenandoah South 2 pad. The SPCF is the key processing infrastructure required to deliver gas from the Shenandoah South Pilot Area to the Northern Territory gas market. The facility will be capable of processing up to 50 TJ/d of gas, with 40 TJ/d contracted to the Northern Territory Government (NTG) under a long-term, take-or-pay gas sales agreement. The SPCF construction project remains on schedule and within the P50 gross budget of A$141M. During commissioning, the BJV will sell gas to the NTG at a discounted rate under the long-term GSA, consistent with industry practice.