Aethon Energy Management to acquire integrated upstream assets of Tellurian for $260m.

Aethon Energy Management, a private investment firm and registered investment adviser, agreed to acquire integrated upstream assets of Tellurian, a company builds a low-cost, natural gas business, for $260m. “The expanding scale of our vertically integrated business continues to deliver capital efficiency and industry-leading margins as we work to accelerate the role of natural gas in the broader energy transition. This Fund II and Fund III acquisition provides complementary growth opportunities alongside our extensive upstream and midstream footprint in the Haynesville with more than 20 years of existing inventory life. Our partnership with Tellurian will provide our downstream LNG customers with the lowest methane emission intensity in North America,” Albert Huddleston, Aethon Energy CEO.