Tellurian Inc. on Sept. 22 named energy and financial industry veteran James D. Bennett as a new independent board member to the company’s board of directors.
“Tellurian adds both upstream and investment bench strength to our already robust board with the addition of James,” commented Executive Chairman Charif Souki in a company release.
Bennett is currently a board member and executive chairman of Tapstone Energy Inc., a privately held independent oil and gas company operating in the Anadarko Basin in Oklahoma and Texas.
Previously, he served as president and CEO of SandRidge Energy Inc., another oil and gas producer focused largely in the Midcontinent region. He has also served as a managing director first at GSO Capital Partners then at White Deer Energy.
“He brings over 30 years of experience which will be invaluable as we focus on enhancing our Haynesville upstream position,” Souki added.
As of first-quarter 2021, Tellurian held about 9,704 net acres in the prolific Haynesville Shale gas basin, with 21 company-operated wells and a company-owned gas gathering system. The assets are 95% HBP and 90% operated, allowing Tellurian to control the pace of development for its multiyear drilling inventory, according to the company website.
Based in Houston, Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. The company’s portfolio of natural gas production, LNG marketing and trading, and infrastructure includes a roughly 27.6 mtpa LNG export facility and an associated pipeline.
Recommended Reading
FERC Filings Indicate Plaquemines LNG is Ready to Commission
2024-07-01 - Kinder Morgan has requested a tariff for natural gas delivery to the new Plaquemines LNG facility.
Post Oak, Genesis Park Sell Permian’s Layne Water Midstream
2024-07-10 - PE firms Post Oak Energy Capital and Genesis Park sold the Delaware Basin’s Layne Water Midstream to an undisclosed buyer.
Summit Midstream Commences Tender Offer on Notes Due 2026
2024-07-17 - Summit Midstream also announced July 17 a proposed offering of $500 million in aggregate principal amount of new senior secured second lien notes due 2029.
WoodMac: Permian Producers Eye Mexico’s Saguaro Energía LNG FID for Takeaway Relief
2024-07-17 - Wood Mackenzie expects Mexico Pacific to take FID on the first phase of its Saguaro Energía LNG project in either the second half of 2024 or early 2025.
Perma-Pipe Awarded $10MM in Contracts for Infrastructure Development in Saudi Arabia
2024-07-16 - Perma-Pipe International Holdings Inc. has been awarded $10 million’s worth of new contracts in Saudi Arabia, most of which will be delivered in the third quarter.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.