Talos Energy – Oil & Gas 360

Talos Energy announces enhanced corporate strategy

June 18, 2025

(Oil & Gas 360) – HOUSTON, June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Mr. Paul Goodfellow, the Company’s President and Chief Executive Officer, will provide additional details about the Company’s strategy during a conference call

Talos Energy discovers oil, natural gas at Katmai well in Gulf of Mexico

January 16, 2025

(World Oil) – Talos Energy Inc. (Talos) has announced that the Katmai West #2 well located in the Ewing Bank area of the U.S Gulf of Mexico successfully encountered commercial quantities of oil and natural gas. “We are proud of our team for achieving these successful drilling results,” said Talos’s Interim Co-President, Executive Vice President and Head of Operations John

Carlos Slim invested $1B in American oil & gas companies in 2024

December 31, 2024

(Oil Price) – Carlos Slim, Latin America’s richest man, boosted his stakes in American energy companies in the current year as the world’s leading tycoons continue betting on fossil fuels. Slim invested $602 million in Parsippany, New Jersey-based refiner PBF Energy Inc. (NYSE:PBF), boosting his stake to 25%, and also bought $326 million worth of shares in Houston-based oil producer Talos Energy Inc.(NYSE:TALO). Last

Talos Energy announces new discovery and adds additional 2024 prospect in the Gulf of Mexico

September 5, 2024

Oil and Gas 360 HOUSTON, Sept. 5, 2024 /PRNewswire/ — Talos Energy Inc. (“Talos”) (NYSE: TALO) today announced that its Ewing Bank 953 well (“EW 953 well”) successfully discovered commercial quantities of oil and natural gas. Separately, Talos entered into an agreement to participate in the Sebastian prospect, currently drilling in the Mississippi Canyon Block 387 of the U.S. Gulf of Mexico.

Talos Energy announces CEO transition

August 30, 2024

Oil and Gas 360 HOUSTON, Aug. 30, 2024 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced that Tim Duncan has stepped down from his role as President and Chief Executive Officer, effective August 29, 2024. Joseph A. Mills, who has served on the Company’s Board since March, 2024, will serve as interim President and Chief Executive Officer

Phillips 66 slashes jobs, caps reduction at 1%- oil and gas 360

Mexico’s richest man Carlos Slim boosts stakes in Talos, PBF Energy with $24.2 million investment

August 6, 2024

World Oil (Bloomberg) –Carlos Slim, Latin America’s richest person, took advantage of the equity-market selloff to boost his majority stakes in two U.S. energy companies. Slim’s Control Empresarial de Capitales SA spent $24.2 million on the first two days of this month to snap up 923,000 shares of Talos Energy Inc. and 357,000 shares of PBF Energy Inc., according to

Talos Energy increases 2024 production predictions early following $1.3 billion QuarterNorth Energy acquisition

March 12, 2024

World Oil (WO) – Talos Energy Inc. provided updated 2024 operational guidance to reflect the closing of the QuarterNorth Energy Inc. acquisition earlier than expected. For the full year 2024, Talos expects average daily production between 89,000 and 95,000 boed, an increase from the previous guidance of between 87,000 and 93, 000 boed. This updated guidance includes approximately ten months of QuarterNorth

Talos Energy adds deepwater assets to portfolio following completion of QuarterNorth Energy acquisition

March 5, 2024

World Oil (WO) – Talos Energy Inc. announced the completion of the acquisition of QuarterNorth Energy Inc. After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as consideration for the transaction. Additionally, Talos has appointed QuarterNorth’s designee, Joseph A. Mills, to the Talos Board of

Talos Energy begins early oil, natural gas production at two U.S. Gulf of Mexico discoveries

January 3, 2024

World Oil (WO) – Talos Energy Inc. has successfully started oil and natural gas production at its Lime Rock and Venice discoveries, located near its 100% owned and operated Ram Powell platform in the U.S. Gulf of Mexico. Talos owns a 60% working interest in both wells. The Lime Rock and Venice wells were brought safely online in late December

Talos Energy closes $125 million sale with Grupo Carso to develop Zama oil field offshore Mexico

September 29, 2023

World Oil (WO) – Talos Energy Inc. and its Mexican subsidiary announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso (“Carso”). Talos received $74.85 million in cash at closing, with an additional $49.90 million due upon first production, for an aggregate price of $124.75

Talos Energy, Grupo Carso accelerate Zama development with $125 million transaction

May 30, 2023

World Oil (WO) – Talos Energy Inc. announced that Zamajal, S. A. de C.V., a wholly owned subsidiary of Grupo Carso (“Carso”), has agreed to acquire a 49.9% interest in Talos’ Mexican subsidiary (“Talos Mexico”), which holds the company’s 17.4% stake in Zama. Carso is one of the world’s largest conglomerates and is headquartered in Mexico City, Mexico. Talos will

Billionaire Carlos slim buys stake in huge Mexican oilfield

May 26, 2023

Oil Price Talos Energy is selling 49.9% of its Mexican subsidiary to a unit of Grupo Carso, owned by billionaire Carlos Slim, with which the buyer gets access to the huge Zama oilfield offshore Mexico. Talos Energy on Thursday announced that Zamajal, a wholly owned subsidiary of Grupo Carso, has agreed to acquire a 49.9% interest in Talos’ Mexican subsidiary, Talos

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