Tamboran Names New CEO

by Jov Onsat

Tamboran Resources Corp has appointed Todd Abbott, former chief operating officer (COO) of Seneca Resources Co LLC, as chief executive officer (CEO) effective January 15.

Abbott takes over from interim CEO Richard Stoneburner, who remains chair. Stoneburner assumed the role of interim CEO in the third quarter of 2025 following Joe Riddle's resignation.

"Abbott has over 25 years' upstream oil and gas experience spanning unconventional shale operations, business planning, corporate finance and strategy", Tamboran said in an online statement.

Before becoming COO of Seneca Resources, where he gained Appalachian Basin experience, Abbott was part of Marathon Oil Corp and Pioneer Natural Resources Co. At Marathon and Pioneer, Abbott had oversight of Permian Basin, Eagle Ford and Alaskan operations, Tamboran noted.

"His background at Seneca, Marathon and Pioneer demonstrates an ability to improve productivity while lowering costs, which aligns with our focus on safe and efficient execution and delivering value for shareholders from our Beetaloo Basin development", Stoneburner said.

Abbott said, "The scale and opportunity that Tamboran has in the Beetaloo Basin, supported by the quality of the board and management team, is what has attracted me to the CEO role".

Abbott takes over what would be an enlarged Tamboran, which is in the process of completing the acquisition of Falcon Oil & Gas Ltd.