Item 7.01 Regulation FD Disclosure.

On June 28, 2022, Tellurian Inc. ("Tellurian" or the "Company") announced that, as of such date and based on current strip pricing as of June 24, 2022, it expects that the EBITDA, a non-U.S. GAAP financial measure, to be generated by Tellurian Production Holdings LLC, a wholly owned subsidiary of the Company, for full year 2023 will be approximately $400 million from natural gas production activities. This estimate is based on an approximately $300 million capital expenditure budget for 2023 that has not been approved by the Company's board of directors.

The Company is unable to present a reconciliation of forward-looking EBITDA because certain components of the calculation are subject to change. Moreover, estimating the most directly comparable GAAP measure with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Company management believes that a forward-looking estimate of EBITDA is important to investors because it assists in the analysis of the Company's ability to generate cash flows from operating activities. The estimate is a forward-looking statement within the meaning of U.S. federal securities laws and is subject to numerous risks and uncertainties, including those discussed in Item 1A of Part I of Tellurian's Annual Report on Form 10-K for the year ended December 31, 2021, filed on February 23, 2022, and other Tellurian filings with the Securities and Exchange Commission. Although the Company may from time to time voluntarily update the forward-looking statement, the Company disclaims any commitment to do so except when required under applicable securities laws.


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