Tellurian Inc.

Tellurian Inc. announced today that an affiliate of Bechtel Oil, Gas and Chemicals, Inc. has made a $50 million zero coupon preferred equity investment in Tellurian which has an implied Tellurian common share price of $8.16 per share. Brendan Bechtel, Chairman and CEO of Bechtel Group, Inc. said, “Tellurian management and Bechtel have worked together for many years and we look forward to continuing our success as [...]

Tellurian announced today that its subsidiary Permian Global Access Pipeline LLC is offering a non-binding open season to secure prospective shippers for a proposed 42-inch diameter interstate natural gas pipeline connecting the Permian Basin in Texas to Southwest Louisiana. PGAP is estimated to cost approximately $3.7 billion to construct and will have the capacity to transport two billion cubic feet of natural gas a [...]

Tellurian Inc. began building its global natural gas business in its first year as a public company. Notable Tellurian achievements: Attained regulatory milestones for the Driftwood terminal and Driftwood pipeline Received authority from the United States Department of Energy to export liquefied natural gas to free-trade agreement nations Completed the pre-filing phase and collectively submitted a formal application with [...]

Tellurian Inc. and its wholly owned subsidiary Driftwood Holdings LLC today provided an update on its upstream acquisition and financing strategy. Tellurian began building its upstream portfolio in November 2017 and continues its focus on acquiring core Haynesville shale assets. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180312005370/en/ Driftwood Holdings [...]

Tellurian announced today that its subsidiary Haynesville Global Access Pipeline LLC is offering a non-binding open season to secure prospective shippers for a proposed 42-inch natural gas pipeline connecting the Haynesville and Bossier shale production region to growing natural gas demand in Southwest Louisiana. HGAP is estimated to cost approximately $1.4 billion to construct and will have the capacity to transport up [...]

Tellurian announced today that President and CEO Meg Gentle will present at the Credit Suisse 23rd Annual Energy Summit in Vail Gentle’s presentation is scheduled to begin at 8:45 a.m. on Wednesday, February 14. The presentation will be available on Tellurian’s website at www.tellurianinc.com. About Tellurian Inc. Tellurian was founded by Charif Souki and Martin Houston and is led by President and CEO Meg [...]

Tellurian Inc. announced today that it has engaged Goldman Sachs & Co. LLC and SG Americas Securities, LLC to serve as financial advisors for Driftwood Holdings LLC, a wholly owned subsidiary of Tellurian formed to own and operate Tellurian’s gas producing assets, pipeline assets, and the Driftwood LNG export facility. About Tellurian Inc. Tellurian was founded by Charif Souki and Martin Houston and is led by [...]

Tellurian Inc. today announced that the underwriters of its previously announced public offering of 10,000,000 shares of the Company's common stock have purchased an additional 1,500,000 shares of the Company's common stock pursuant to their over-allotment option. The price to the public in the offering was $10.00 per share. The net proceeds from the exercise of the over-allotment option were approximately $14.5 million [...]

Tellurian Inc. announced today that the Federal Energy Regulatory Commission has issued the notice of schedule for environmental review of Driftwood LNG, a proposed 27.6 million tonnes per annum liquefied natural gas export facility, and Driftwood Pipeline, a proposed 96-mile, 4 billion cubic feet a day pipeline. According to the notice, FERC will issue its final Environmental Impact Statement on October 12, 2018, and has [...]

Tellurian Inc. announced today that it expects to develop the Tellurian Pipeline Network, which would include the previously announced Driftwood Pipeline and two additional pipelines that would expand supply alternatives for the growing natural gas demand in Southwest Louisiana. DWPL is anticipated to be in-service mid-2021 and the additional two pipelines are anticipated to be in-service by the end of 2022, subject to [...]