Tellurian Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Oil and Gas Activities (Tables)

Oil and Gas Activities (Tables)

6 Months Ended

Dec. 31, 2014

Oil and Gas Exploration and Production Industries Disclosures [Abstract]

Cost Incurred in Oil and Gas Property Acquisition, Exploration, and Development Activities Disclosure

The following table presents the capitalized costs under the successful efforts method for oil and gas properties as of:



	December 31, 2014			June 30, 2014
	(In thousands)
Proved oil and gas properties:
United States	$	29,700		$	29,335
Less accumulated depletion, depreciation, and amortization	(3,898		)	(3,575		)
Total net proved oil and gas properties	$	25,802		$	25,760

Unproved oil and gas properties:
United Kingdom	$	258		$	282
United States	469			268
Australia	—			—
Total unproved oil and gas properties	$	727		$	550

Wells in Progress:
United Kingdom	$	1,763		$	1,610
United States ⁽¹⁾	24,406			19,686
Total wells in progress	$	26,169		$	21,296

⁽¹⁾ The Company began implementing a CO₂-enhanced oil recovery pilot project at NP in the first quarter of fiscal year 2014.

- Definition

Tabular disclosure of the aggregate of costs (whether the costs are capitalized or charged to expense at the time they are incurred ) incurred for the year in oil and gas property acquisition, exploration and development activities.

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