Tellurian: From Underdog to Overnight Darling in Woodside's LNG Land Grab!

Houston, TX - Buckle up, Tellurian (TELL) investors! Your stock just went from a slow burn to a raging inferno, erupting a staggering 66% higher to $0.95 a share! But why the sudden heat?

Woodside Energy swooped in like a Texas oil baron, offering a cool $1.00 per share to acquire Tellurian in an all-cash deal. That's a sweet 75% premium over Tellurian's recent closing price and a hefty 48% above their average!

What's got Woodside so smitten? The answer lies in Tellurian's hidden treasure - the Driftwood LNG project. This crown jewel boasts a prime location, all the necessary permits (think building permits, not treasure maps!), and is already well on its way to development. Plus, Tellurian has already wrangled industry bigwigs like Bechtel, Baker Hughes, and Chart to join the party.

So, what does this mean for Tellurian investors? The board, after some serious number-crunching, decided this was a golden opportunity. Shareholders get an immediate cash payout, ditching the wait-and-see game for completing the Driftwood project. No more sleepless nights worrying about construction delays or market fluctuations!

The future of Driftwood LNG? While Tellurian might be changing hands, the project itself seems to be in good stead. Woodside, a heavyweight in the energy game, has the resources and expertise to take Driftwood to the finish line, potentially even faster than Tellurian could have managed on their own.

This LNG land grab is expected to close by Q4 2024, but only after shareholders and regulators give their thumbs up. Stay tuned for more updates on this exciting energy industry tango!