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Talos Energy Inc

35 articles mentioning Talos Energy Inc · Page 2 of 2

GOM Operator Talos Talks Q2 2019 Results

GOM Operator Talos Talks Q2 2019 Results

Talos Energy Inc. announced its financial and operational results for the second quarter of 2019 and an operations update. Key second quarter highlights include: Production of 59.0 thousand barrels of oil equivalent per day, or 5.4...

Talos' Third Zama Appraisal Well Exceeds Expectations; 400-800 MMBOE

Talos' Third Zama Appraisal Well Exceeds Expectations; 400-800 MMBOE

Talos Energy Inc. provided an update on the Zama appraisal program in Block 7, located in the offshore portion of Mexico's prolific Sureste Basin. The Zama-3 appraisal well is the third and final appraisal penetration drilled...

Talos Energy First Quarter 2019 Results

Key highlights include: Production of 42.0 thousand barrels of oil equivalent per day ("MBoe/d"), or 3.8 million barrels of oil equivalent ("MMBoe") in total, 70% of which was oil, in line with expectations due to the...

Talos Names New CFO; Details Other Exec Promotions

Talos Names New CFO; Details Other Exec Promotions

Talos Energy Inc. announced the appointment of Shannon E. Young, III as Executive Vice President and CFO of Talos, effective May 16, 2019. Michael L. Harding, II, currently Executive Vice President, Chief Financial Officer, Chief Accounting...

Talos Reports Results of GOM Zama-2 Appraisal Well; Preps for Third

Talos Reports Results of GOM Zama-2 Appraisal Well; Preps for Third

Talos Energy Inc. reported an update on the Zama appraisal in Block 7 offshore Mexico. Talos is the operator of Block 7 in a consortium with its partners Sierra Oil and Gas and Premier Oil. The...

Talos Talks 2019 Budget / Guidance; Planned GOM Projects

Talos Talks 2019 Budget / Guidance; Planned GOM Projects

Talos Energy Inc. has announced its full year 2019 operating and financial guidance. **The company's budget assumes $55/bbl WTI and $2.75/MMBtu Details: - 2019 Capex: $465-485 million - 2019 Production Guidance: 19.5-20.4 MMBOE / 53-56 MBOEPD...

Talos Spuds Zama-2 Appraisal Well in the Deepwater GOM

Talos Spuds Zama-2 Appraisal Well in the Deepwater GOM

Talos Energy reported that the Zama-2 appraisal well was spud on Thursday, November 29, 2018. The spudding of the Zama-2 well marks the commencement of the Zama discovery appraisal program, which will consist of three reservoir...

Talos Energy's Borrowing Base Increased +42% to $850MM

Talos Energy's Borrowing Base Increased +42% to $850MM

Talos Energy has reported that its lender has increased its borrowing base. The borrowing base under the Company's bank credit facility increased from $600 million to $850 million (up +42%). Talos has elected to maintain the...

Talos 'Cross Assigns' GOM Blocks with Pan American Subsidiary

Talos 'Cross Assigns' GOM Blocks with Pan American Subsidiary

Talos Energy Inc. inked an agreement with Hokchi Energy, a subsidiary of Pan American Energy LLC, to cross assign the Company's Participating Interest in Block 2 and Hokchi's PI in Block 31, both in the Sureste...

Talos Starts Up GOM Mt. Providence Well 60 Days Ahead of Schedule

Talos Starts Up GOM Mt. Providence Well 60 Days Ahead of Schedule

Talos Energy's 100% owned Mt. Providence well in the Gulf of Mexico began producing on July 10, 2018, approximately two months (60 days) ahead of the originally scheduled completion date in early September. Current gross production...

Talos Energy Completes Takeover of Stone Energy

Talos Energy Completes Takeover of Stone Energy

Talos Energy has completed its previously announced acquisition of GOM-focused Stone Energy. The acquisition was an all-stock deal worth ~$1.98 billion. Prior to striking the deal, Stone had working to clear up its debt load and...

Talos Energy IPs Tornado II Well in the Deepwater GOM; 12,350 BOEPD

Talos Energy IPs Tornado II Well in the Deepwater GOM; 12,350 BOEPD

Talos Energy has IPed its Tornado II well in the Deepwater GOM. During the two-week test period, gross production rates exceeded 12,350 BOEPD (83% oil). The well (GC 281 #2ST) is located in the Phoenix Field...

Talos Energy Revenue Up 40% QoQ; Production 28.7 Mboe/d

Talos Energy Revenue Up 40% QoQ; Production 28.7 Mboe/d

PE-backed Talos Energy reported its third quarter 2017. Production : 28.7 mboe/d Total Revenue : $100 million (vs $63.8 million third quarter 2016) Successful exploration test on the Zama-I well in the shallow waters off the...

Talos, JV Partners Hit New Oily GOM Discovery; One Billion Barrels+ OIIP

Talos, JV Partners Hit New Oily GOM Discovery; One Billion Barrels+ OIIP

Premier (and its JV partners Talos Energy (operator) and Sierra Oil & Gas, have hit a new oil discovery in the GOM. The Zama-1 well is the first offshore exploration well drilled by the private sector...

Talos Energy IPs GOM Tornado Exploration Well; Plans Second Well

Talos Energy IPs GOM Tornado Exploration Well; Plans Second Well

Talos Energy has announced initial production from the Tornado exploration project in the Phoenix field...