News

Tellurian Inc. (Tellurian) (NASDAQ: TELL) today named energy and financial industry veteran James D. Bennett as a new independent Board member. Mr. Bennett is the former President and CEO of SandRidge Energy, Inc. (NYSE: SD) and previously served as a Managing Director first at GSO Capital Partners and then at White Deer Energy. He is a current board member and Executive Chairman of Tapstone Energy Inc.

How many rigs are needed to provide natural gas to the U.S. or around the globe? Where were we a year ago and where are we now? Listen in to hear Charif Souki talk about what is possible for the future and how the natural gas industry will fulfill wider energy needs across the globe.

Our Upstream business is going to be our locomotive for the foreseeable future – everything starts at production.

Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that it will not proceed with its underwritten public offering of $50 million aggregate principal amount of 8.25% senior notes due 2028 which was successfully priced last Thursday night, August 26, 2021. Nasdaq informed Tellurian on Friday that it would not list the bonds due to a procedural interpretation.

Tellurian Inc. (Tellurian or the Company) (Nasdaq: 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 August 31, 2021, subject to satisfaction of customary closing conditions.

Tellurian Inc. (Tellurian or the Company) (Nasdaq: TELL) today announced that it intends to offer and sell, subject to market and other conditions, 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.

Tellurian Executive Chairman Charif Souki teach-in on natural gas market.

Two minutes with Charif Souki on market behavior and executing Tellurian’s business plan.

Executive Chairman Charif Souki recaps our recent developments on the following actions:
1️⃣ Agreement with Shell to finalize commercial efforts for the Driftwood Project Phase 1
2️⃣ Sanitized the balance sheet
3️⃣ Resumed drilling efforts and increasing future production
4️⃣ We expect to triple production by end of year
5️⃣ Financing to raise ~$100 million, giving Tellurian an opportunity to sell ~40 million shares to institutional investors

A new corporate presentation is available for Tellurian Inc. (NASDAQ: TELL). The presentation will include forward-looking information.