Tellurian Inc.

Tellurian Inc. announced today that its Board of Directors has named Martin Houston, Co-Founder and Vice Chairman, to be Chairman of the Board of Directors. Co-Founder Charif Souki will no longer serve as an executive or officer of the Company or hold any managerial responsibilities. Mr. Souki remains a member of the Board of Directors. These changes are not the result of any material or unexpected financial events. About [...]

Tellurian Inc. continues to progress the production and sales of natural gas and the financing and construction of its Driftwood project. President and CEO Octávio Simões said, "Tellurian's upstream segment continues to provide growing natural gas production, improving significantly over the third quarter of last year, and we see natural gas prices on the rise through year end. We are having a number of discussions with [...]

Tellurian Inc. continues to execute its integrated strategy by progressing construction of its Driftwood project and through production and sales of natural gas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230806957468/en/ Driftwood LNG construction as of 13 July 2023 President and CEO Octávio Simões said, "Bechtel is progressing very well on Driftwood LNG [...]

Tellurian Inc. announced that Simon Oxley will join Tellurian's Executive Committee on June 1, 2023 as Executive Vice President and Chief Financial Officer, with responsibility for accounting, finance, risk, and investor relations functions. Mr. Oxley was formerly a Managing Director and Co-Head of Oil & Gas Investment Banking for Europe, the Middle East, and Asia with Barclays Investment Bank in London, and has a [...]

Tellurian Inc. continued making progress on Driftwood LNG phase one construction, added to natural gas acreage, production and sales, and repaid $166.7 million in principal balance of borrowing obligations in the first quarter 2023. Subsequent to the quarter end, Tellurian also advanced Driftwood project funding through the execution of a $1.0 billion sale and leaseback letter of intent. President and CEO Octávio Simões [...]

Tellurian Inc. announced that the U.S. Federal Energy Regulatory Commission issued the certificate on April 21, 2023 granting authorization for Driftwood Pipeline, LLC's Line 200 and Line 300, an approximate $1.4 billion natural gas transmission project proposed to be located in Beauregard and Calcasieu Parishes, Louisiana. The pipelines will have the ability to supply up to five and one-half billion cubic feet of natural [...]

Tellurian Inc. ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, and $474.2 million of cash and cash equivalents. Tellurian also increased natural gas production fourfold to approximately 225 million cubic feet per day in the fourth quarter of 2022 as compared to approximately 55 MMcfd in the fourth quarter of 2021. Tellurian also had the following significant accomplishments in [...]

Tellurian Inc. ended the third quarter with a 25% increase in net natural gas production and a 32% increase in natural gas sales, as compared to the second quarter of 2022. President and CEO Octávio Simões said, "Tellurian continues to increase our domestic natural gas production by adding to our footprint, having now a total of 22,420 net acres, interests in 131 producing wells located in the Haynesville Shale, and more [...]

Tellurian Inc. announced today that it has updated its Driftwood LNG financing strategy to prioritize securing equity partners. Part of this strategy includes introducing flexibility in its liquefied natural gas portfolio with the termination of two current sales and purchase agreements. President and CEO Octávio Simões said, "The potential corporate and strategic partners we are seeking may want liquefied natural gas [...]

Tellurian Inc. today announced that, due to uncertain conditions in the high-yield market, it has withdrawn its proposed public offering of units consisting of 11.25% senior secured notes due 2027 and warrants to purchase shares of Tellurian common stock. About Tellurian Inc. Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export [...]