Tellurian Upstream Sale: On To Greener Pastures
Novi
MAY 31, 2024
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. 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. Bcf/d in Q1/24.
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