Joel Riddle, Managing Director & CEO of Tamboran Resources
Published 21 February 2023
Joel Riddle, Managing Director & CEO of Tamboran Resources joins the latest edition of the Investor Podcast Series to talk about Tamboran’s recent acquisition of Origin Energy’s Betaloo basin assets, and the opportunity they saw in this to improve domestic energy security in Australia. He also highlights how the Betaloo basins can help to provide reliable, low carbon gas to Asian & European markets as both regions seek to replace Russian gas supply. Joel then discusses the opportunities that Tamboran and its investors saw to bring proven US shale technologies and expertise to Australia, alongside their potential to transform both the local economy and energy supply.
Joel Riddle joined Tamboran Resources as Chief Executive Officer in 2013. He has more than 25 years’ experience in the upstream oil and gas industry and was previously with Cobalt International Energy, where he worked closely with executive management in the initial evaluation and implementation of the exploration growth strategy in the Gulf of Mexico and West Africa, playing an instrumental role in Cobalt’s $1 billion initial public offering in 2009 and subsequent capital raising efforts in 2010 and 2011.
Founded in 2009, Tamboran Resources Limited is a public unlisted oil and gas company focused on developing early stage, top-decile unconventional gas reserves in the Australian Northern Territory. Holding a premium acreage in the highly prospective Beetaloo/McArthur basin, Tamboran is strategically positioned to rapidly commercialise these reserves as a feed supplier to existing Australian LNG plants, as well as addressing the domestic energy shortfall.
The exceptional nature of this discovery has the potential to elevate Tamboran to be one of the “Top 5” exploration and production (E&P) companies in Australia, delivering exceptional returns to our shareholders.
Tamboran Resources Limited is headquartered in Sydney, Australia with a global management team leveraging a significant depth of experience in the successful commercialisation of unconventional oil and gas throughout North America. The team brings a wealth of knowledge, including modern shale reservoir assessment, as well as cutting-edge drilling and frack completion design technology.
Suite 4, Level 9
341 George Street
Tel: 0061 2 9977 6522
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