Post Tagged with: "Talos Energy"

Talos Energy Announces Additional Budget Reductions And Provides Updated 2020 Guidance

Talos Energy Announces Additional Budget Reductions And Provides Updated 2020 Guidance

HOUSTONMarch 23, 2020 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced updated full year 2020 financial guidance, inclusive of $170.0 million of reductions in capital, operating and G&A expenses. The Company will continue …

General Electric Oil & Gas and Petroleos Mexicanos (PEMEX), Mexico's state-owned oil and gas company, have signed a technology collaboration to help PEMEX improve its oil and gas production. Pictured here is an aerial photo of a PEMEX deepwater platform in the Gulf of Mexico.

Fight over Mexico’s Zama oil field is holding up Premier Oil’s effort sell its share

Houston Chronicle


The sale of a stake in Mexico’s giant Zama oil field promised to help Premier Oil pay down debts and strengthen its balance sheet, but an ownership conflict is complicating that process.

Some international oil companies operating in …

February 25, 2020 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Mexico
Source: Reuters

Mexico’s Pemex wants to operate Zama as its block holds most of the oil

Reuters


MEXICO CITY – Mexican state oil company Petroleos Mexicanos would like to run the operations in a major offshore oil area discovered by a consortium of private companies when development eventually begins, the company’s chief executive said on Wednesday.…

Talos Energy announces completion of independent resource evaluation of Zama discovery

Talos Energy announces completion of independent resource evaluation of Zama discovery

Oil and Gas 360


HOUSTONJan. 7, 2020 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced the finalization of the third-party contingent resource evaluation of the Company’s globally recognized Zama discovery commissioned from Netherland, …

January 7, 2020 - 10:00 am Closing Bell Story‎, Energy News, Offshore
Source; Houston Chronicle

Talos Energy goes on $640M buying spree in Gulf of Mexico

Houston Chronicle


The Houston offshore oil and gas producer Talos Energy announced the results of a $640 million buying spree, picking up a slew of assets in the Gulf of Mexico from multiple companies backed by Riverstone Holdings and other …

December 11, 2019 - 12:30 pm Closing Bell Story‎, Energy News, Mexico, Offshore, People
Talos Energy Increases Borrowing Base, Announces Hedges

Talos Energy Increases Borrowing Base, Announces Hedges

By Bevo Beaven, Editor, Oil & Gas 360, with Olivier Goodrich

Gulf of Mexico explorer Talos Energy (stock ticker: TALO) has added three new lenders to its credit facility and bumped its borrowing base to $850 million from the previous

Source: EnscoRowan

Talos Completes Zama Appraisal

By Tyler Losier, Energy Reporter, Oil & Gas 360

Third and final appraisal well drilled, FID expected by 2020
Talos Energy Inc. (stock ticker: TALO), an independent E&P headquartered in Houston, has completed its Zama appraisal program in Block 7

Talos CEO says ‘Interested’ in Anadarko’s Gulf of Mexico Assets

Talos CEO says ‘Interested’ in Anadarko’s Gulf of Mexico Assets

From S&P Global Platts

Houston — Gulf of Mexico operator Talos Energy may be interested in buying some of Anadarko Petroleum’s deepwater Gulf of Mexico assets that Occidental Petroleum will acquire in its pending $57 billion purchase of that company, …

Talos Energy Appoints New CFO

Talos Energy Appoints New CFO

Talos Energy Appoints Shane Young As Executive Vice President And Chief Financial Officer

Strong Well Results in the Gulf: Talos Energy’s Zama-2 ST1 Appraisal Well Reinforces Zama Predictions

Strong Well Results in the Gulf: Talos Energy’s Zama-2 ST1 Appraisal Well Reinforces Zama Predictions

Well flow tested at 7,900 BOEPD, core sets Mexican offshore record with 714 feet of whole core
Zama will ‘be impactful for the company and for the Mexican economy’ – Talos CEO Duncan
Talos Energy Inc. (stock ticker: TALO, $TALO)

Talos Energy’s Zama-2 Appraisal Well Logs 581 Feet of Gross TVD Oil Pay

Talos Energy’s Zama-2 Appraisal Well Logs 581 Feet of Gross TVD Oil Pay

Talos Energy Inc. (stock ticker: TALO) operator of Block 7 offshore Mexico in a consortium with its partners Sierra Oil and Gas S. de R.L. de C.V. and Premier Oil Plc reported results from its Zama-2 appraisal well, the first

Talos Energy Begins Zama Appraisal Program

Talos Energy Begins Zama Appraisal Program

Talos Energy Announces Commencement Of Zama Appraisal Program

December 4, 2018 - 6:30 am Closing Bell Story‎, Offshore, Press Releases
Talos Energy Borrowing Base Jumps 41%

Talos Energy Borrowing Base Jumps 41%

Talos Energy Announces Borrowing Base Increase

November 20, 2018 - 10:56 am Borrowing Base, Closing Bell Story‎, Finance, Press Releases
Talos, Hokchi Cross-Assign Offshore Mexico Block Interests

Talos, Hokchi Cross-Assign Offshore Mexico Block Interests

Gulf-based Talos Energy (ticker: TALO) announced today it will cross assign its participating interest (PI) in one of its blocks in offshore Mexico in exchange for PI in another block just south.

Talos Energy’s interest (Block 2), located in the

Talos Energy Announces A Transaction With Pan American Energy To Cross-Assign Interests In Block 2 And Block 31 Offshore Mexico

Talos Energy Announces A Transaction With Pan American Energy To Cross-Assign Interests In Block 2 And Block 31 Offshore Mexico

A First for Mexico

A First for Mexico

Pemex, Talos, Premier Oil, and Sierra Oil and Gas Sign PUA for Zama

Pemex, with the Block 7 Consortium – Talos Energy (ticker: TALO), Premier Oil (ticker: PMO), and Sierra Oil and Gas – have just signed a Pre-Unitization Agreement …

Talos Energy High Bidder on 6 Deepwater, 8 Shallow Water GOM Lease Sale Blocks

Talos Energy High Bidder on 6 Deepwater, 8 Shallow Water GOM Lease Sale Blocks

Houston-based Talos Energy Inc. (NYSE: TALO) was a top five bidder in the recent Gulf of Mexico lease sale held by the Bureau of Ocean Energy Management (BOEM) on August 15, 2018.

Talos was the high bidder on six deepwater …

Talos Energy to Present at The Oil and Gas Conference

Talos Energy to Present at The Oil and Gas Conference

Talos Energy (NYSE: TALO)

Company Overview

Talos Energy Inc., formed through the combination of Talos Energy LLC and Stone Energy Corporation, is a Houston‐based independent oil & gas company focused on offshore E&P in and around the Gulf Coast and …

July 27, 2018 - 10:09 am Closing Bell Story‎, TOGC23
Talos Energy Updates Production Guidance

Talos Energy Updates Production Guidance

Houston-based Gulf of Mexico producer Talos Energy Inc. (ticker: TALO) outlined the company’s strategy today in a new update.

The company projects 2018 pro forma production sales volumes of 18 – 19.5 MMBOE, or an average daily production 49 – …

Stone Energy Nets $382 Million in 2017, Merger with Talos Continues

Stone Energy Nets $382 Million in 2017, Merger with Talos Continues

Stone Energy Corporation (ticker: SGY) reported a net income of $17.1 million, or $0.85 per share for Q4 2017. For the full year of 2017, the company reported a net income of approximately $382.7 million.

Net daily production during the …

Talos Energy LLC to Combine with Stone Energy Corporation

Talos Energy LLC to Combine with Stone Energy Corporation

New company name and NYSE ticker

Talos Energy LLC and Stone Energy Corporation (ticker: SGY) announced today that their boards of directors have unanimously approved the combination of Talos and Stone in an all-stock transaction, creating an offshore-focused E&P company. …

Onshore Mexico Bid Round 2.3 Will Yield $2 Billion in Investment

Onshore Mexico Bid Round 2.3 Will Yield $2 Billion in Investment

Mexico’s continuing oil and gas reform:  21 of 24 onshore oil and gas blocks auctioned off in Round 2.3

The winners of the Mexican Energy Reform Onshore Bid Round 2.3 were announced today. Of the 24 blocks available through the …