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BRIEF-Tellurian enters into deal to acquire certain assets in northern Louisiana for $85.1 mln in cash‍​
September 6, 2017 / 9:36 PM / 18 days ago

BRIEF-Tellurian enters into deal to acquire certain assets in northern Louisiana for $85.1 mln in cash‍​

Sept 6 (Reuters) - Tellurian Inc

* Tellurian says has entered agreement with private seller to acquire natural gas producing assets, undeveloped acreage in northern Louisiana for $85.1 million ‍​

* ‍Tellurian says assets to be purchased include about 9,200 net developed and undeveloped acres and 19 producing operated wells - SEC filing

* ‍Tellurian - asset purchase will be given economic effect as of August 1, 2017 - SEC filing​

* ‍Tellurian says assets to be purchased have net current production of approximately four million cubic feet per day of natural gas​

* ‍Tellurian - deal for $85.1 million in cash​

* ‍Tellurian - will be obligated to make cash deposit in amount of $8.5 million creditable against amount required to be paid by it at closing of asset purchase​ Source text: (bit.ly/2eHppwn) Further company coverage:

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