Tellurian Inc., which continues to work toward a final investment decision on its Driftwood liquefied natural gas (LNG) terminal proposed for Louisiana, plans to acquire additional assets in the Haynesville Shale this year. 


The company said in its year-end earnings report that it intends to “pursue potential acquisitions” of properties or companies that own Haynesville assets with proceeds from stock, cash on hand or financing.

Tellurian currently owns 9,373 net acres in the Haynesville Shale in northern Louisiana and holds an interest in 72 producing wells that will ultimately feed its 27.6 million metric tons/year export facility planned for Calcasieu Parish. Those assets produced 16.9 Bcf of natural gas last year, up from 13.9 Bcf in 2019. 

“Tellurian is in a strong...