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Tellurian (NYSE:TELL) to Seek Equity Partners for LNG Project
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Tellurian (NYSE:TELL) to Seek Equity Partners for LNG Project

Natural gas provider Tellurian’s (NYSE:TELL) shares are continuing to plummet in the pre-market trade today after yesterday’s massive drop. The slide comes after the company withdrew its bond offering for its Driftwood project.

Now, Tellurian CEO Charif Souki has noted in an online video the company is sitting on a strong cash pile and is looking for equity partners for the project.

The CEO further added that the company’s balance sheet will not be jeopardized to advance the project.

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