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New Deal


Announced

Completed

Tellurian completed the acquisition of the natural gas assets from EnSight for $133m.

Financials

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Transaction Value£112m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Domestic

Private

Integrated Oil and Gas

Acquisition

natural gas

Single Bidder

Friendly

Completed

Synopsis

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Tellurian, a firm that engages in producing natural gas and investing in natural gas projects, completed the acquisition of the natural gas assets from EnSight, an oil and gas company, for $133m. “We have been diligently growing our natural gas production and reserves in the Haynesville. These assets provide Tellurian with both cash flow and a physical hedge for Driftwood LNG. The EnSight asset is a great fit with Tellurian’s existing position in the Haynesville Shale and allows us to step into an ongoing development program and bring on-line significant additional natural gas volumes in the fourth quarter of 2022," John Howie, Tellurian President.

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