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Tellurian Inc.

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About

Tellurian was founded by Charif Souki and Martin Houston in 2016. Tellurian is building a 27.6 mtpa LNG export facility south of Lake Charles, La. It is based in Houston and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL.” 

Editor's note: Updated Sept. 3, 2024.

Transactions

Report Date Amount (MM) Description
2024-07-10 $260.00

Aethon Closes $260MM Deal for Tellurian’s Gas, Midstream Assets

Aethon Closes $260MM Deal for Tellurian’s Gas, Midstream Assets

Report Date Amount (MM) Description
2022-08-18 $133.00

Tellurian Acquires Private Haynesville Producer EnSight for $125 Million

Tellurian Acquires Private Haynesville Producer EnSight for $125 Million

Report Date Amount (MM) Description
2017-09-06 $85.10

Souki’s Tellurian Grabs Haynesville Acreage For LNG Exports

Souki’s Tellurian Grabs Haynesville Acreage For LNG Exports

Report Date Amount (MM) Description
2017-02-10 --

Charif Souki, Martin Houston's Tellurian To Merge With Magellan

Charif Souki, Martin Houston's Tellurian To Merge With Magellan

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2022-06-01 Tellurian Inc. Debt $500.00

Executed definitive agreements to sell $500 million principal amount of senior secured convertible notes…

Report Date Type Amount (MM) Description
2021-11-05 Tellurian Inc. Debt $50.00

Priced an underwritten public offering of 8.25% senior notes due 2028. Underwriters have been granted a…

Report Date Type Amount (MM) Description
2021-08-31 Tellurian Inc. Debt $50.00

Withdrew an underwritten public offering of 8.25% senior notes due 2028 which was successfully priced Aug…

Report Date Type Amount (MM) Description
2021-08-05 Tellurian Inc. Equity $105.00

Closed public offering of 35 million shares of common stock sold at a price of $3 per share. Offering…

Report Date Type Amount (MM) Description
2020-04-28 Tellurian Inc. Debt $56.00

Sold zero coupon, unsecured notes in exchange for warrants to purchase up to 20 million shares of common…

Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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News

Woodside Pushes Louisiana LNG Project Forward with Bechtel Contract

Woodside Energy signed a revised engineering, procurement and construction contract with Bechtel, which had already performed work on the project when it was still owned by Tellurian.

Investment Firm Aethon Explores Options for $10B US Natgas Assets, Sources Say

U.S. energy-focused investment firm Aethon Energy Management is exploring options for its natural gas production and midstream assets that include a sale or an initial public offering at a valuation of about $10 billion, including debt, people familiar with the matter said on Nov. 12.

Woodside, Tokyo Gas in Discussions Over stake in US LNG Project

Woodside has said it is seeking equity partners to take minority stakes in the export project, now called Louisiana LNG. CEO Meg O'Neill said earlier this month the company had received expressions of interest from "multiple parties."

Woodside Reports Record Q3 Production, Narrows Guidance for 2024

Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.

Woodside Closes $900MM Acquisition of Tellurian, Renames LNG Facility

Following the close of its acquisition of Tellurian, Woodside has renamed the Driftwood LNG development as Woodside Louisiana LNG.

Investor Returns Keep Aethon IPO-ready

Haynesville producer Aethon Energy is focused on investor returns, additional bolt-on acquisitions and mainly staying “IPO ready,” the company’s Senior Vice President of Finance said Oct. 3 at Hart Energy’s Energy Capital Conference (ECC) in Dallas.

Tellurian Stockholders Approve $900MM Woodside Acquisition

Woodside Energy has said it expects to close the acquisition of Tellurian, and its Driftwood LNG permitted facility, by December.

Woodside on the Prowl for Driftwood Partners, Gas Suppliers

Australian natural gas and LNG exporter Woodside Energy, which recently agreed to acquire Tellurian in a deal valued at $1.2 billion, isn’t yet looking to develop an upstream U.S. onshore position to secure gas for Driftwood LNG.

Woodside to Maintain at Least 50% Interest in Driftwood LNG

Australia’s Woodside Energy plans to maintain at least a 50% interest in the 27.6 mtpa Driftwood LNG project that it's buying from Tellurian, CEO Meg O’Neill said during a media briefing at Gastech in Houston.

Tellurian’s Dismissed Founder Souki Builds Woodside Stake After Deal

U.S. LNG export developer Charif Souki spoke to Hart Energy post-ousting from his second LNG company, Tellurian Inc. He’s buying shares in Tellurian’s buyer, Woodside Energy.

Hurricane Francine Bears Down on Central Louisiana LNG Facilities

Sempra’s Cameron LNG, Venture Global LNG’s facilities in Calcasieu Pass and Tellurian’s site for Driftwood LNG will all be close or in the path of Francine.

Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit

President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.

Woodside Expected to Close $900MM Tellurian Acquisition in December

Tellurian, which is developing the 27.6 mtpa Driftwood LNG project in Louisiana, expects its recent sale to Woodside Energy to close in December.

Pitts: LNG Sector, Beware! Aramco is Coming

Loaded with cash, Saudi oil powerhouse Aramco has embarked on a net-zero quest.

Exclusive: Aethon M&A Gambit Pays Off with Woodside-Tellurian Deal

Aethon Energy, already a large LNG feed-gas supplier, sees Woodside’s acquisition of Tellurian and the Driftwood LNG project as a validation of the natural gas industry’s prospects.