Total’s $200 Million Acquisition of 19.87 million shares of Tellurian common stock


Akin Gump advised Tellurian on the deal

Tellurian Inc. executed a common stock purchase agreement with Total Delaware, Inc., pursuant to which Total will purchase approximately 19.87 million shares of Tellurian common stock for $200 million in a private placement. The deal is subject to certain closing conditions. Including Total’s original $207 million investment in Tellurian in 2017, Total’s aggregate investment within the Tellurian portfolio will amount to $907 million.

The Akin Gump deal team was Houston partner John Goodgame (Picture), senior counsel Chris Arntzen, and associates Kathlyn Mickan, Kevin Schott and Tyler Conte, and tax partner Alison Chen.

Involved fees earner: Christopher Arntzen – Akin Gump; Alison Chen – Akin Gump; Tyler Conte – Akin Gump; John Goodgame – Akin Gump; Kathlyn Hendrix Mickan – Akin Gump; Kevin Schott – Akin Gump;

Law Firms: Akin Gump;

Clients: Tellurian Inc.;

Author: Ambrogio Visconti