Tamboran Resource Corporation has appointed seasoned investment manager Jeff Bellman as a non-executive director, bolstering its board as the company progresses towards first gas production from the Beetaloo Basin in the Northern Territory.
Bellman brings more than three decades of experience in the investment management industry, with a core focus on the global oil and gas sector. He has managed equity portfolios across a broad range of market capitalisations, developing enduring relationships with energy sector management teams over a 33-year career.
Poised for production
The appointment, effective May 2, 2025, follows Bellman’s most recent role as managing director in the equities and fixed income group at Nuveen Investments, where he served for 12 years.
“We are delighted to welcome Jeff at this important phase in the business, as we move towards first production from our Beetaloo Basin assets,” Tamboran chairman Dick Stoneburner said in a statement welcoming the appointment.
“His background will enhance our board’s capabilities in supporting the financing of our phased asset commercialization.”
Bellman will also serve on Tamboran’s audit & risk and sustainability committees, bolstering the company’s oversight as it advances development of its Northern Territory assets.
Tamboran is the largest acreage holder and operator in the Beetaloo sub-basin, with about 1.9 million net prospective acres. The Beetaloo Basin is regarded as one of Australia’s most promising shale gas provinces, with Tamboran aiming to deliver low-carbon dioxide gas to both domestic and export markets.
Bellman’s appointment adds financial and energy market depth to Tamboran’s boardroom as the company focuses on securing funding, finalising engineering plans and progressing towards initial production.