Richard Moorman steps down as CEO of Tamboran

There was a major shake up in the structure of Tamboran Resources in Ireland last week.

There was a major shake up in the structure of Tamboran Resources in Ireland last week.

The company who are exploring the option of fracking in Leitrim and Fermanagh had to change some things around after Richard Moorman stepped down as Chief Executive.

In a statement issued last week Tamboran said Richard Moorman “has stepped down as Chief Executive and Director of Tamboran to pursue other opportunities in the unconventional oil and gas industry.”

Tamboran Chairman Patrick Elliott will become Executive Chairman with Karl Prendervile and Dr Tony Bazley promoted to Regional Directors North and South. It is understood that Mr Elliott will be directly involved in Tamboran’s engagements with local and national Governments, regulatory authorities and local communities.

Mr Moorman who met with Leitrim County Council and lead public meetings in the county on the subject of fracking and gas exploration gave a lot of promises on behalf of the company that Tamboran would frack “chemical free.”

According to Tamboran, Moorman will “contribute to the company as a member of its Technical Advisory Board, ensuring Tamboran can draw on his expertise in this area.”

Commenting on the big shake up, Patrick Elliott new Executive Chairman of Tamboran said, “Since first being awarded our licences in Leitrim and Fermanagh, this project has advanced considerably on both sides of the border.

“A major programme of work remains ahead of us, and I am particularly pleased to have such a qualified team of experts, locally and internationally, to help us realise our objectives.”

He said “We can now move towards the next phase of our Irish project, I remain confident that it offers significant benefits for enhancing Ireland’s natural gas supply and for the local community in terms job creation and investment.

However, Tamboran are understood to have put on hold plans to hire at least ten people in Leitrim this year as it awaits the Government latest report on fracking.