By the terms of the agreement, Woodside will acquire all the outstanding shares of Tellurian for $1.00 per share, which will provide substantial value to the shareholders. This acquisition will relieve TELL of the financial problems it had been facing to fund the Driftwood LNG project. Since the Driftwood project is fully permitted and is in its pre-final investment decision stage, Woodside Energy will be in a better position to bring the required capital and expertise to complete the project.