Talos Energy Inc. tacked on additional assets located in its U.S. Gulf of Mexico (GoM) shelf core area through a bolt-on acquisition on June 22.

In a release from the Houston-based company, Talos said it had agreed to pay $65 million for  16 selected assets from affiliates of Castex Energy 2005. The purchase price will be funded through the issuance of approximately 4.95 million Talos common shares at closing and $6.5 million of cash.

Among the acquired assets are multiple prolific, producing fields that were originally discovered and/or operated by predecessor companies led by current Talos management.

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