Tellurian COO Keith Teague retires and Samik Mukherjee joins as Driftwood Assets President
May 16 2022 - 7:00AM
Business Wire
Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today
that Chief Operating Officer (COO) Keith Teague is retiring from
full time employment and will continue with Tellurian in an
advisory role. Tellurian has hired former McDermott International,
Ltd Executive Vice President and COO Samik Mukherjee who will serve
in the role of Executive Vice President and President, Driftwood
Assets.
Executive Chairman Charif Souki said, “Keith has been an
integral part of my team for many years, having been responsible
for the development, construction and operation of our liquefied
natural gas (LNG) projects at Cheniere, and now he has led
Tellurian to the construction phase of Driftwood LNG. We have had a
lot of success and fun working together on these projects and have
built memories that will last a lifetime. All of us at Tellurian
appreciate his dedication to our continued success and look forward
to his further contributions as he transitions into
retirement.”
Mr. Mukherjee will be responsible for all Tellurian’s asset
projects including the construction and operations of Driftwood
LNG. Mr. Mukherjee has over thirty years of experience in the
energy industry, having recently served as Executive Vice President
and Chief Operating Officer of McDermott, a global construction and
engineering provider, where he was responsible for global
operations, project execution, asset management and advancing
company strategy.
Tellurian President and CEO Octávio Simões said, “Samik has
proven results in developing and delivering over 60 million tonnes
per annum (mtpa) of LNG capacity over five projects and five
countries. He brings strong business acumen as well as engineering
experience, industry and organizational leadership and a
proficiency in energy transition, and we welcome him to the
Tellurian family.”
About Tellurian Inc.
Tellurian intends to create value for shareholders by building a
low-cost, global natural gas business, profitably delivering
natural gas to customers worldwide. Tellurian is developing a
portfolio of natural gas production, LNG marketing and trading, and
infrastructure that includes an ~ 27.6 mtpa LNG export facility and
an associated pipeline. Tellurian is based in Houston, Texas, and
its common stock is listed on the NYSE American under the symbol
“TELL”.
For more information, please visit www.tellurianinc.com. Follow
us on Twitter at twitter.com/TellurianLNG
CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING
STATEMENTS
This press release contains forward-looking statements within
the meaning of U.S. federal securities laws. The words
“anticipate,” “assume,” “believe,” “budget,” “estimate,” “expect,”
“forecast,” “initial,” “intend,” “may,” “plan,” “potential,”
“project,” “proposed,” “should,” “will,” “would,” and similar
expressions are intended to identify forward-looking statements.
Forward-looking statements herein relate to, among other things,
the capacity, timing, and other aspects of the Driftwood LNG
project. These statements involve a number of known and unknown
risks, which may cause actual results to differ materially from
expectations expressed or implied in the forward-looking
statements. These risks include the matters discussed in Item 1A of
Part I of the Annual Report on Form 10-K of Tellurian for the
fiscal year ended December 31, 2021 filed by Tellurian with the
Securities and Exchange Commission (the SEC) on February 23, 2022
(the “Annual Report”), and other Tellurian filings with the SEC,
all of which are incorporated by reference herein. The
forward-looking statements in this press release speak as of the
date of this release. Although Tellurian may from time to time
voluntarily update its prior forward-looking statements, it
disclaims any commitment to do so except as required by securities
laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20220516005027/en/
Media: Joi Lecznar EVP Public and Government Affairs
Phone +1.832.962.4044 joi.lecznar@tellurianinc.com
Investors: Matt Phillips Vice President, Investor
Relations Phone +1.832.320.9331
matthew.phillips@tellurianinc.com
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