TELL - Mergers and acquisitions

Tellurian Inc. (Tellurian or the Company) (NYSE:TELL) ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, and $474.2 million of cash and cash equivalents. Tellurian also increased natural gas production fourfold to approximately 225 million cubic feet per day (MMcfd) in the fourth quarter of 2022 as compared to approximately 55 MMcfd in the fourth quarter of 2021. Tellurian also had the following significant accomplishments in 2022: Issued a limited notice to proceed to Bechtel Energy, Inc. and began construction of phase one of Driftwood LNG Completed the acquisition of natural gas assets of approximately 5,000 net acres and 44 producing wells P