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Tellurian Names James D. Bennett to Board of Directors

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Tellurian Inc. has appointed James D. Bennett as an independent Board member. Bennett, a veteran in the energy and financial sectors, has over 30 years of experience, including his role as former President and CEO of SandRidge Energy (NYSE: SD). Executive Chairman Charif Souki stated that Bennett's expertise will strengthen the board as Tellurian focuses on enhancing its Haynesville upstream position. The company aims to develop a low-cost, global natural gas business, with projects including a significant LNG export facility.

Positive
  • James D. Bennett brings over 30 years of industry experience to the Board.
  • Bennett's appointment is expected to enhance Tellurian's strategic position in the Haynesville region.
Negative
  • None.

HOUSTON, Texas--(BUSINESS WIRE)-- Tellurian Inc. (Tellurian) (NASDAQ: TELL) today named energy and financial industry veteran James D. Bennett as a new independent Board member. Mr. Bennett is the former President and CEO of SandRidge Energy, Inc. (NYSE: SD) and previously served as a Managing Director first at GSO Capital Partners and then at White Deer Energy. He is a current board member and Executive Chairman of Tapstone Energy Inc.

Tellurian names James D. Bennett to Board of Directors. 
(Photo: Business Wire)

Tellurian names James D. Bennett to Board of Directors. (Photo: Business Wire)

Executive Chairman Charif Souki said, “Tellurian adds both upstream and investment bench strength to our already robust Board with the addition of James. He brings over 30 years of experience which will be invaluable as we focus on enhancing our Haynesville upstream position.”

About Tellurian Inc.

Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL”.

For more information, please visit www.tellurianinc.com. Follow us on Twitter at twitter.com/TellurianLNG

CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. The words “anticipate,” “assume,” “believe,” “budget,” “estimate,” “expect,” “forecast,” “initial,” “intend,” “may,” “plan,” “potential,” “project,” “proposed,” “should,” “will,” “would,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements herein relate to, among other things, the capacity, timing, and other aspects of the Driftwood project and the development of Tellurian’s upstream position. These statements involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. These risks include the matters discussed in Item 1A of Part I of the Annual Report on Form 10-K of Tellurian for the fiscal year ended December 31, 2020 filed by Tellurian with the Securities and Exchange Commission (the SEC) on February 24, 2021, and other Tellurian filings with the SEC, all of which are incorporated by reference herein. The forward-looking statements in this press release speak as of the date of this release. Although Tellurian may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so except as required by securities laws.

Media:

Joi Lecznar

EVP Public and Government Affairs

Phone +1.832.962.4044

joi.lecznar@tellurianinc.com

Investors:

Matt Phillips

Vice President, Investor Relations

Phone +1.832.320.9331

matthew.phillips@tellurianinc.com

Source: Tellurian Inc.

FAQ

Who is the new board member at Tellurian Inc.?

Tellurian Inc. has appointed James D. Bennett as an independent Board member.

What is James D. Bennett's background?

James D. Bennett is the former President and CEO of SandRidge Energy and has extensive experience in the energy and financial sectors.

What impact does James D. Bennett's appointment have on Tellurian Inc.?

His appointment is expected to strengthen Tellurian's board and enhance its upstream operations in the Haynesville region.

What is Tellurian's goal in the natural gas market?

Tellurian aims to build a low-cost, global natural gas business and develop a significant LNG export facility.

Tellurian Inc.

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