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Tellurian Upstream Sale: On To Greener Pastures

Novi

Below, we reflect on the deal and walk through what might be next for the play now that gas prices are back in the mid $2/Mcf range. A Quick Refresher on Haynesville Economics To be blunt, the Haynesville is essentially not economic with gas sub $3/Mcf, although we note that some pockets can work down to the $2.50/Mcf Bcf/d in Q1/24.