Talos Energy Inc.
About
Talos Energy Inc. (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing cash flows and long-term value through its operations, currently in the U.S. Gulf of Mexico and offshore Mexico.
As one of the U.S. Gulf's largest public independent producers, Talos leverages decades of geology, geophysics and offshore operations expertise towards the acquisition, exploration, exploitation and development of assets in key geological trends that are present in many offshore basins around the world. The company's activities in offshore Mexico provide high impact exploration opportunities in an oil-rich emerging basin.
Transactions
Talos Completes Acquisition of EnVen Energy
Talos Completes Acquisition of EnVen Energy
Talos Energy Snags EnVen for $1.1 Billion
Talos Energy Snags EnVen for $1.1 Billion
Chevron Acquires Stake in Talos’ Proposed Texas Carbon Capture Plant
Chevron Acquires Stake in Talos’ Proposed Texas Carbon Capture Plant
Talos Energy Adds to Gulf of Mexico Position with ‘Tactical’ Bolt-on
Talos Energy Adds to Gulf of Mexico Position with ‘Tactical’ Bolt-on
Talos Energy Adds to Gulf of Mexico Position with ‘Tactical’ Bolt-on
Talos Energy Adds to Gulf of Mexico Position with ‘Tactical’ Bolt-on
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New Financings
Priced an underwritten public offering of an aggregate of 6 million shares of common stock by certain…
Announced the addition of an affiliate of DNB ASA to its RBL syndicate, adding an additional $75 million…
Priced an underwritten public offering of an aggregate of 5 million shares of its common stock by certain…
Commenced offering of additional 2026 second-priority senior secured notes. Proceeds will be used to…
Priced an upsized offering second-priority senior secured notes due 2026. Proceeds will be used to fund…
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Instantly unlock over 15 years of A&D transactions and financing data.
News
Talos Selects Longtime Shell Exec Paul Goodfellow as President, CEO
Shell veteran Paul Goodfellow’s selection as president, CEO and board member of Talos Energy comes after several months of tumult in the company’s C-suite.
E&P Highlights: Jan. 21, 2025
Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.
Talos Energy’s Katmai West #2 Well Hits Oil, Gas Pay in GoM
Combined with the Katmai West #1 well, the Katmai West #2 well has nearly doubled the Katamai West Field’s proved EUR to approximately 50 MMboe gross, Talos Energy said.
E&P Highlights: Jan. 6, 2025
Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
Talos Energy Zeroing in on New Skipper After Interim CEO Quits
Talos Energy said it has identified a finalist candidate to serve as the company’s permanent CEO starting end of first-quarter 2025.
Talos Sells More of Mexican Subsidiary to Billionaire Carlos Slim
Talos Energy has agreed to sell another 30.1% interest in subsidiary Talos Mexico to entities controlled by billionaire Carlos Slim, whose companies also own at least 24% of Talos Energy’s common stock.
E&P Highlights: Sept. 9, 2024
Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.
Talos Makes Discovery, Adds Prospect to Drilling Portfolio in GoM
Talos Energy Inc. made an oil and natural gas discovery at the Ewing Bank 953 well and entered into an agreement to began prospecting the Sebastian well in the Gulf of Mexico.
Talos Energy CEO Tim Duncan Steps Down; Mills to Take Helm
An analyst said Talos Energy President and CEO Tim Duncan was forced out over share price performance, although other factors may have played a role.
IOCs See Opportunity in Offshore Mexico, Despite Potential for Policy Changes
Five IOCs with offshore experience and capital—Eni, Harbour, Talos, Wintershall Dea and Woodside—continue to pursue promising opportunities offshore Mexico despite the country’s energy sovereignty push in favor of state-owned entities Pemex and CFE.
Talos Buys Interests in Monument GoM Development
Talos Energy acquired a 21.4% interest in Monument in the U.S. Gulf of Mexico for $32 million in the second quarter. First production of up to 30,000 gross boe/d is expected by late 2026.
Talos Ups Buybacks, Pays Down Debt Post $1.29B QuarterNorth Deal
Talos Energy said it repaid $325 million in debt since closing its $1.29 billion cash-and-stock acquisition of E&P QuarterNorth in March.
Mexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs
Houston-based Talos Energy and its Block 7 consortium partners could make FID on the Zama field development sometime in the next year. But despite the importance placed on the project to secure energy security for Mexico, the consortium continues to run into headwinds.
DORIS Group Awarded FEED for Zama Development Offshore Mexico
A final investment decision for Zama is forthcoming and first oil production could flow in 2027.
Talos Energy Expands Leadership Team After $1.29B QuarterNorth Deal
Talos Energy President and CEO Tim Duncan said the company has expanded its leadership team as the company integrates its QuarterNorth Energy acquisition.