• Mr. Todd Abbott has over 25 years of upstream oil and gas experience
• He was formerly Chief Operating Officer at Seneca Resources Company
• Mr. Abbott has a strong record of operational leadership, capital discipline, and safety

Tamboran Resources Corporation has announced the appointment of Mr. Todd Abbott as its new Chief Executive Officer, effective January 15, 2026. Mr. Abbott has over 25 years of experience in the exploration and production industry, previously holding various leadership roles at Seneca Resources Company, Pioneer Natural Resources, and Marathon Oil. At Seneca Resources, Mr. Abbott served as the Chief Operating Officer, where he restructured the organization and processes to enhance accountability and capital efficiency, delivering a ~10% reduction in capital expenditure and a ~9% increase in production in a single year. Prior to Seneca, he held key operating roles at Marathon Oil and Pioneer Natural Resources, including oversight of Permian Basin, Eagle Ford, and Alaskan operations.Tamboran's Chairman and interim CEO, Richard Stoneburner, highlighted Mr. Abbott's strong record of operational leadership, capital discipline, safety, and stewardship, which aligns with Tamboran's focus on safe and efficient execution and delivering value for shareholders from its Beetaloo Basin development. Mr. Abbott expressed his excitement about the opportunity to lead Tamboran as the company enters a crucial phase of development in the Beetaloo Basin, which he believes has the potential to be a world-class unconventional gas project. He looks forward to working closely with all stakeholders, including Native Title Holders, the Northern Territory Government, pastoralists, and shareholders, to deliver on this potential.

Tamboran is focused on the commercial development of the natural gas resources in the Beetaloo Basin located within the Northern Territory of Australia. The company aims to provide energy security to Territorians and Australia's East Coast through its Beetaloo Basin development.