One-Page Deal Sheet
Talos Acquires QuarterNorth Energy For $1.2 Billion
Talos Energy Inc QuarterNorth Energy
Announced Date
January 15,2024
Close Date
March 04,2024
Transaction Type
Corporate
Enterprise Value (EV)($MM)
1290
Asset/Basin:
["U.S. Gulf of Mexico Deepwater"]
Net Acres
% Oil:
Proved Reserves
PV-10 ($MM)
Location
Calculated Metrics( EV/Category)
Region
Gulf of Mexico
Country
United States
State
Louisiana
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Talos Energy said it is acquiring QuarterNorth Energy for $1.29 billion. QuarterNorth is a privately-held U.S. Gulf of Mexico E&P company with ownership in several offshore fields.
Source : Talos Energy Via Shale Experts Presentation Database.
The deal consists of $965 million in cash and the $235 million in stock.
Talos President and Chief Executive Officer Timothy S. Duncan commented: "Today's announcement marks one of Talos's most significant milestones as we build a large-scale offshore exploration and production company. The addition of QuarterNorth's overlapping deepwater portfolio…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Sep-22-2022 |
-  |
- |
Click here | E&P | |
| May-25-2022 |
- |
- |
Click here | E&P | |
| Apr-05-2022 |
- |
- |
Click here | Gulf of Mexico | E&P |
| Jan-10-2022 |
- |
- |
Click here | E&P | |
| Oct-05-2020 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Sep-22-2022 | Talos to Acquire GOM-Focused EnVen Energy for $1.1 Billion Cash/Stock | - |
- |
| Jan-10-2022 | W&T Acquires GOM Assets, Operatorship for $30.2MM in Cash | - |
- |
| Mar-05-2020 | W&T Offshore Acquires Additional WI in GOM Magnolia Field | - |
- |