Tellurian Upstream Sale: On To Greener Pastures
Novi
MAY 31, 2024
We ran a scenario analysis that ranged from ~$140MM up to ~$415MM with a median case of $260MM, relatively close to the actual closing price of $264.5MM. Note: Assumes D&C costs of ~$1,200/ft and includes all wells from all operators (2021 to 2024 vintages). As a result, we came in relatively low on the valuation.
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