Looking forward to beginning our construction of the Driftwood LNG Project in earnest this year.
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Listen to Executive Chairman Charif Souki speak on Tellurian’s success and plans in 2022. We have had a phenomenal year and look forward to construction in 2022.
Tellurian Inc. (Tellurian) (NYSE American: TELL) today named energy investment expert Claire R. Harvey as a new independent Board member. Ms. Harvey is the Founder and President of ARM Resource Partners, a joint venture making energy investments, and serves as Chairman of the Board of Falcon Minerals Corporation, a public company which owns and manages mineral interests in the United States. She was previously Founder and Chief Executive Officer of Gryphon Oil and Gas, LLC, and served in key roles at Pine Brook Partners and TPH Partners.
Listen to a classic two minute ‘Tale of two cities’ between oil and natural gas with Executive Chairman Charif Souki as we head toward a new year.
Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today it has begun a partnership with the National Forest Foundation (NFF) on a five-year, $25 million plan for reforestation and other projects across the United States. One of the first projects will be to re-plant 300,000 trees in the Kisatchie National Forest (Kisatchie), located near Alexandria, Louisiana. Kisatchie was heavily damaged by recent weather events and lost nearly 40,000 acres of native trees.
With a promise to get off coal by 2030, Germany is working toward transitioning their energy mix utilizing natural gas.
The single most important thing that we need to focus on now is to put our financing in place for construction of Driftwood. We will continue to access the debt market which will be very supportive for the company, and continue to increase our liquidity.
Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) today announced that it has priced an underwritten public offering of $50 million aggregate principal amount of 8.25% senior notes due 2028. The Company has granted the underwriters a 30-day option to purchase an additional $7.5 million aggregate principal amount of senior notes in connection with the offering. The Company intends to use the net proceeds from this offering for general corporate purposes, including the potential acquisition of upstream assets. The offering is expected to close on or about November 10, 2021, subject to satisfaction of customary closing conditions.
Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) today announced that it intends to offer and sell, subject to market and other conditions, 8.25% senior notes due 2028 in an underwritten public offering. The Company also expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from the offering for general corporate purposes, including the potential acquisition of upstream assets.