Tellurian Inc. (NASDAQ:TELL) Files An 8-K Other Events
Item8.01
| Other Events. |
On April20, 2017, Tellurian Inc. (the Company) filed a prospectus
supplement to a registration statement on FormS-3ASR
(Registration No.333-216011) to register the resales of 2,000,000
total shares of Tellurian common stock (the Transferred Shares)
previously owned and transferred by Martin Houston, a director of
the Company, to Simon M. Bonini and Paul C. Kettlety
(collectively, the Plaintiffs) and the Plaintiffs counsel,
Schiffer Odom Hicks Johnson, PLLC, a Texas professional limited
liability company, in connection with the previously disclosed
Compromise Settlement Agreement and Mutual Release dated April18,
2017, among the Plaintiffs, the Plaintiffs counsel, Tellurian
Investments Inc., a subsidiary of the Company, Mr.Houston, and
certain other persons. In connection with the registration of the
resales of the Transferred Shares, the Company is filing a legal
opinion of Davis Graham Stubbs LLP as Exhibit5.1 to this Form
8-K.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
See Exhibit Index.
About Tellurian Inc. (NASDAQ:TELL)
Tellurian Inc., formerly Magellan Petroleum Corporation, is an oil and gas exploration and production company. The Company focuses on the development of liquefied natural gas (LNG) projects along the United States Gulf Coast through its subsidiary, Tellurian Investments Inc. The Company owns interests in the Horse Hill-1 well and related licenses in the Weald Basin, onshore the United Kingdom, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia. The Horse Hill-1 well has identified prospects from the Portland sandstone and Kimmeridge Clay limestone formations. Tellurian Inc. (NASDAQ:TELL) Recent Trading Information
Tellurian Inc. (NASDAQ:TELL) closed its last trading session up +0.03 at 10.52 with 193,048 shares trading hands.
