Talos Energy Snaps Up GoM Assets In $640 Million Swoop
Transaction Type
Buyers
Basin
US Gulf Of Mexico
Announce Date
Post Date
Close Date
Estimated Price
$640.0MM
Description
Acquired a broad portfolio of US GoM producing assets, exploration prospects and acreage including over 40 identified exploration prospects located on a total acreage footprint of roughly 700,000 gross acres; 3Q 2019 production was bout 19,000 boe/d (65% oil and over 70% liquids). (Completed ILX agreement Feb. 28; agreement with Venari previously closed)