Tamboran appoints new CEO, completes drilling & capital raises; Beetaloo first gas on track for Q3 2026

Tamboran Resources Corp

Todd Abbott appointed CEO effective Jan 15, 2026; brings 25+ yrs upstream experience.
Three 10,000-ft horizontal wells drilled successfully; SS-6H stimulation completed with 58 stages.
Sturt Plateau Compression Facility 78% complete; pipeline tied into Amadeus Gas Pipeline; first gas expected Q3 2026.
Raised total ~US$100M via public offer (US$56.1M), SPP (A$17.4M), and PIPE (US$32M) in Q4 2025/Jan 2026.
Cash balance US$90.9M at Dec 31, 2025; drawn debt US$16.3M; Falcon acquisition expected to close Mar 2026.

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