Tamboran appoints Faron Thibodeaux as COO
Sydney-listed explorer Tamboran Resources on August 6 announced the appointment of Faron Thibodeaux as the COO of the company.
"Faron brings more than 40 years of knowledge and considerable experience in unconventional energy development to the company. His experience in both the Permian basin in the United States and Australian energy sector will be invaluable in the accelerated development of our Beetaloo assets,” Tamboran CEO Joel Riddle, said.
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Thibodeaux will be based in Darwin, Northern Territory. As part of his role, Thibodeaux will oversee the ongoing horizontal well drilling operations being conducted as part of the Tanumbirini appraisal campaign.
The 2021 Tanumbirini appraisal campaign comprises the drilling of two wells, Tanumbirini 2H and Tanumbirini 3H, located in the EP 161 permit within the Beetaloo sub-basin. Santos is the operator of EP 161 with a 75% working interest and Tamboran holds a 25% working interest.
Thibodeaux will also have responsibility for operational performance in Tamboran's 100% interest in the EP 136 permit, where the company is planning the acquisition of 2D seismic and drilling of the Maverick #1/1H horizontal well within the next 12 months.
Riddle last month told NGW that Tamboran, which recently got listed on the Australian Securities Exchange, is looking to farm out stake in its 100% owned EP 136 gas asset.