Davis Polk advised the sole book-running manager in connection with an SEC-registered common stock offering of 12,000,000 shares of common stock of Tellurian Inc. The net proceeds from the offering were approximately $115.2 million, which Tellurian Inc. intends to use for general corporate purposes, including pipeline development and working capital. The common stock is listed on the NASDAQ Capital Market under the symbol “TELL.” 

Tellurian is developing a liquefied natural gas terminal facility and an associated pipeline in Southwest Louisiana.

The Davis Polk capital markets team included partner Derek Dostal and associates Leigh Katz and Young-Min Cho. Partner Michael Mollerus provided tax advice. Counsel David A. Zilberberg and associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.

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