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Tamboran Resources strengthens board with appointments of former federal minister and oil & gas executive

Published 16/03/2023, 10:51 am
© Reuters.  Tamboran Resources strengthens board with appointments of former federal minister and oil & gas executive
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Tamboran Resources Ltd (ASX:TBN) has tapped Andrew Robb AO, a former federal minister, and John Bell Sr, senior vice president of International and Offshore at Helmerich & Payne (H&P), to become non-executive members of the Board of Directors.

The appointments coincide with resignations from non-executive directors Daniel Chandra and Ann Diamant, effective today, April 16.

New appointees to drive development

“We are delighted to welcome John and Andrew to the Tamboran board,” Tamboran Resources chair Dick Stoneburner said.

“We believe these two appointees will strengthen and complement the expertise of our existing directors and support Tamboran’s strategy and growth ambitions at an important time in the company’s development.”

Andrew Robb was held several elected roles in the Federal Parliament, having served as a member of the Liberal Party in the House of Representatives for 12 years, including as Minister for Trade, Investment and Tourism.

John Bell brings 25 years of experience in unconventional drilling and operations to the Tamboran board, as senior vice president of one of the largest drilling solutions provider in the US.

His role includes overseeing H&P’s drilling operations and business development efforts in South America, the Middle East and the Gulf of Mexico.

“Outstanding contributions”

“Both Ann and Dan have made outstanding contributions to Tamboran during their tenures as non-executive directors on the Tamboran board,” Stoneburner continued.

“They played major roles with Tamboran’s listing on the ASX in 2021 and the transformational acquisition of Origin Energy’s Beetaloo Basin assets in 2022.

“On behalf of the entire Tamboran board, I extend sincere thanks to Ann and Dan for the substantial contributions they have made.

Tamboran Resources managing director and CEO Joel Riddle also thanked the outgoing directors for their service, acknowledging their “substantial contributions”.

“Dan was a key part of the company’s transition from a private, non-operated drilling partner in EP 161 to controlling the largest operated acreage position in the Beetaloo Basin,” Riddle said.

“Likewise, Ann provided valuable guidance and oversight during our ASX listing process and played a significant role in developing the company’s Sustainability Plan and strategies.

“I’m delighted that she will continue as a special advisor to Tamboran’s Environmental, Social and Governance Committee.”

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