Published on 20 Sep 2024 on Hart Energy · via Yahoo Finance
Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
Tellurian Inc.’s eight-year journey from startup to exit is steeped in Netflix-worthy tales.
There is an eye-popping under-sight, global plague, epic run of canceled contracts, war, demand notices, political windfall and a foreclosure on the executive chairman’s ranch, yacht, home and his children’s homes too.
The executive chairman, Tellurian’s co-founder Charif Souki, was dismissed from the post on Dec. 8 after an investigation into undisclosed personal dealmaking with a Tellurian lender.