Talos Energy Begins Zama Appraisal Program
December 4, 2018
Talos Energy Announces Commencement Of Zama Appraisal Program
Talos Energy Borrowing Base Jumps 41%
November 20, 2018
Talos Energy Announces Borrowing Base Increase
Talos, Hokchi Cross-Assign Offshore Mexico Block Interests
October 18, 2018
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 Sureste Basin offshore, will be swapped with PI for another block (Block 31), operated by Hokchi Energy. Talos will
Talos Energy Announces A Transaction With Pan American Energy To Cross-Assign Interests In Block 2 And Block 31 Offshore Mexico
October 17, 2018
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
September 21, 2018
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 (PUA) for two offshore areas in Mexico’s Southeast Basin: the Amoca-Yaxche-03 allocation and the Block 7 contiguous production sharing contract.
Talos Energy High Bidder on 6 Deepwater, 8 Shallow Water GOM Lease Sale Blocks
August 16, 2018
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 and eight shallow water blocks. Talos had 100% success rate on all 14 blocks it bid on. These blocks cover approximately 75,000
Talos Energy to Present at The Oil and Gas Conference
July 27, 2018
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 Gulf of Mexico regions with a high-emphasis on asset optimization, exploitation, and exploration. Summary Q1-2018 Revenue: $87 million Q1-2018 Production: 17 (MBOE/day) Total Common Stock Outstanding: 54 million Enterprise Value: $ 1.8 billion Total Debt: $236 million 1P Reserves: 33
Talos Energy Updates Production Guidance
May 29, 2018
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 – 53 MBOEPD. Capital expenditures are expected to be $430 – $450 million, funded by cash on hand and cash flows
Stone Energy Nets $382 Million in 2017, Merger with Talos Continues
March 12, 2018
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 fourth quarter of 2017 averaged approximately 17.6 MBOEPD, compared to net daily production of approximately 19.2 MBOEPD for Q3 2017.
Talos Energy LLC to Combine with Stone Energy Corporation
November 21, 2017
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. The new company will be named Talos Energy, Inc. and the NYSE ticker will be “TALO.” Combined company highlights Pro
Onshore Mexico Bid Round 2.3 Will Yield $2 Billion in Investment
July 13, 2017
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 most recent auction, 21 were sold to investors from North America and Asia, which Mexico’s oil and gas regulator CNH
