Tellurian Inc.

Tellurian Inc. today announced that its stockholders have approved the Merger Agreement Proposal, as defined in Tellurian's proxy statement, filed with the Securities and Exchange Commission on August 27, 2024, for its Special Meeting of Stockholders. About Tellurian Inc. Tellurian aims to generate shareholder value by establishing a competitive LNG enterprise, effectively supplying natural gas to customers worldwide [...]

Tellurian Inc. today announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd. pursuant to which Woodside will acquire all the outstanding shares of Tellurian for $1.00 per share in an all-cash transaction. "This transaction provides substantial and certain value for our shareholders. Following our strategic repositioning in December, our new leadership has strengthened [...]

Tellurian Inc. announced today that it has closed the previously reported sale of its integrated upstream assets for $260 million to affiliates of Aethon Energy Management LLC , fulfilling a key objective outlined in May and substantially strengthening its balance sheet as it advances the Driftwood liquefied natural gas project. The Company utilized proceeds from the sale to retire the $230 million of non-convertible [...]

Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis on Tellurian Inc. a developer of natural gas production, LNG marketing and trading, and infrastructure.
Tellurian Inc. has garnered significant investor attention following an announced $260 million [...]

Tellurian Inc. and Aethon Energy Management LLC announced an agreement for Aethon to acquire Tellurian's integrated upstream assets for $260 million, alongside a Heads of Agreement for Aethon to purchase two million tons per annum of liquified natural gas from Tellurian's Driftwood LNG plant. The assets will expand Aethon's footprint in the Louisiana Haynesville and Bossier shale basins with approximately 31,000 net [...]

Tellurian Inc. continued making progress on Driftwood LNG phase one construction with Bechtel. Executive Chairman Martin Houston said, "Over the past few months, our senior team has sharpened its focus on stability, financial discipline and execution, and we are laser-focused on bringing Driftwood to final investment decision. To this end, we continue to take important steps to improve our balance sheet and liquidity [...]

Tellurian Inc. announced today the following leadership changes: Executive Vice President and President of Driftwood Assets, Samik Mukherjee, has been appointed President of Tellurian Investments, and has responsibility for the development of all Tellurian's assets, including upstream, Driftwood LNG and pipeline, as well as permitting, safety and asset integrity. Daniel Belhumeur, President of Tellurian Inc., retains [...]

Tellurian Inc. reported its full year 2023 financial results today. During 2023, Tellurian took significant steps to advance the Driftwood LNG project, having driven over 14,000 piles at site and making progress on concrete foundations for critical equipment thus de-risking site construction. Tellurian also secured the Federal Energy Regulatory Commission Certificate for the Company's pipelines and continued to advance [...]

Tellurian Inc. announced today an agreement for an amendment to the terms of certain debt instruments. The amendment is expected to enhance near-term liquidity and provide the company with flexibility to successfully complete the sale of its upstream assets. Among other items, the amendment provisions include a reduction in Tellurian's minimum cash balance requirement and the ability for the company to make its upcoming [...]

Tellurian Inc. announced today that the U.S. Federal Energy Regulatory Commission has issued an extension to its order authorizing the construction of Tellurian's Driftwood LNG facility near Lake Charles, Louisiana. As extended, the order requires construction to be completed by April 18, 2029. Tellurian applied for the extension last year to ensure it had enough time to complete the construction of all five plants of the [...]