Tamboran Resources Corporation announced the appointment of Todd Abbott as Managing Director, effective October 19, 2026. Mr. Abbott will serve in this dual capacity alongside his existing role as Chief Executive Officer. The appointment was made by the Company's Board of Directors on October 16, 2026.
Mr. Abbott has been appointed as a Class II director, with a term that will expire at the annual meeting of stockholders in 2028, or until his earlier death, resignation, or removal. He has not been appointed to any committees of the Board. The filing notes that there are no arrangements or understandings between Mr. Abbott and any other person regarding his selection, and there are no family relationships between Mr. Abbott and any director or executive officer of the Company.
As an executive director, Mr. Abbott will not receive additional compensation for his service on the Board. In connection with the appointment, the Company will enter into an indemnification agreement with Mr. Abbott in the form attached as Exhibit 10.1 to the Company’s Annual Report on Form 10-K filed on September 25, 2026.
According to the accompanying press release, Mr. Abbott brings more than 25 years of upstream oil and gas experience. His background spans unconventional shale operations, strategy, infrastructure, business planning, and corporate finance. The Company stated that this appointment formalizes his executive leadership at the Board level as Tamboran moves from the appraisal phase into development.
Tamboran is focused on the integrated commercial development of natural gas resources in the Beetaloo Basin located within the Northern Territory of Australia. Through its subsidiaries, the Company holds approximately 2.8 million net prospective acres and is the largest acreage holder in the Beetaloo Basin depocenter.
