<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
Tellurian, Inc.
-------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
-------------------------------------
(Title of Class of Securities)
879674109
-------------------------------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5
<PAGE>
CUSIP No. 879674109 13G
------------
-------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John A. Bruno
-------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | |
SEE ANNEX (b) |X|
-------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
-------------------------------------------------------------------
5. SOLE VOTING POWER
215,000
-----------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -----------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 215,000
WITH -----------------------------------------------
8. SHARED DISPOSITIVE POWER
0
-------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
215,000
-------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
-------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
-------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
-------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 5
<PAGE>
CUSIP NO. 879674109 13G
Item 1.
(a) Name of Issuer
Tellurian, Inc.
(b) Address of Issuer's Principal Executive Offices
300K Route 17 South, Mahwah, NJ 07430
Item 2.
(a) Name of Person Filing
John A. Bruno
(b) Address of Principal Business Office or, if none, Residence
1 Battery Park Plaza, New York, NY 10004
(c) Citizenship
United States of America
(d) Title of class of Securities
Common Stock, $.01 par value
(e) CUSIP Number
879674109
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Act
(b) |_| Bank as defined in Section 3(a)(6) of the Act
(c) |_| Insurance Company as defined in Section 3(a)(19) of the Act
(d) |_| Investment Company registered under Section 8 of the Investment
Company Act
(e) |_| Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940
(f) |_| Employee Benefit Plan, Pension fund which is subject to the provisions
of the Employee retirement Income Security Act of 1974 or Endowment
Fund; see ss.240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G)
(Note: See Item 7)
(h) |_| Group, in accordance with ss.240.13d-1(ii)(H)
(i) |_| Greater than 5% owned at the time Tellurian, Inc. became a reporting
company under Section 12(G) of the Exchange Act of 1934, as amended.
Item 4. Ownership
(a) Amount Beneficially Owned: 215,000 shares
(b) Percent of Class: 6.7%
(c) Number of Shares as to which each person has:
(i) sole power to vote or to direct the vote -- 215,000 shares
(ii) shared voting power to vote or to direct the vote -- 215,000
shares
(iii) sole power to dispose or to direct the disposition of --
215,000 shares
(iv) shared power to dispose or to direct the disposition of --
215,000 shares
Item 5. Ownership of Five Percent or Less of a Class
N/A
Page 3 of 5
<PAGE>
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purpose or
effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 14 1997
------------------------------
Date
/s/ John A. Bruno
------------------------------
Signature
John A. Bruno
------------------------------
Name/Title
Page 4 of 5
<PAGE>
ANNEX
The person reporting, John A Bruno, is a principal of J.W. Barclay & Co.,
Inc., a registered broker-dealer, which beneficially owned 85,065 shares of
Common Stock of the Issuer as of December 31, 1996. Michael J. Wills and John C.
Cioffeletti, who are also principals of J.W. Barclay & Co., Inc., beneficially
owned 125,000 and 105,000 shares of Common Stock of the Issuer, respectively, as
of December 31, 1996. The reporting person does not affirm the existence of a
group.
Page 5 of 5