Talos – Oil & Gas 360

Mexican tycoon Slim cites interest in more oil investments, growing stake in Talos

February 14, 2024

Investing MEXICO CITY-Mexican tycoon Carlos Slim is interested in increasing his investments in the oil sector, including in U.S.-based Talos Energy (NYSE:TALO)’s projects, after the billionaire businessman bought a stake last year in a major offshore project discovered by Talos. Speaking at a press conference, Mexico’s richest person signaled he would like to grow his company’s presence in the oil

Exclusive: Talos, Enauta consortium places bid for Petrobras Albacora fields, sources say

February 10, 2021

Reuters RIO DE JANEIRO – A consortium of Talos Energy Inc, private equity firm EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA has submitted a non-binding offer for Brazilian oilfields Albacora and Albacora Leste, five sources familiar with the matter told Reuters. The exact value of the bid submitted to Brazil’s state-led oil company

Talos Completes Zama Appraisal

June 27, 2019

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 of Mexico’s offshore Sureste Basin. Block 7 is owned by a consortium of companies, including Sierra Oil & Gas, Wintershall

Strong Well Results in the Gulf: Talos Energy’s Zama-2 ST1 Appraisal Well Reinforces Zama Predictions - Oil & Gas 360

Talos Starts Final Zama Appraisal Well

May 9, 2019

Frontloaded CapEx: Talos spends 32% of yearly budget By Richard Rostad, analyst, Oil & Gas 360 Talos Energy (ticker: TALO) announced first quarter results today, showing a net loss of $109.6 million, or ($2.02) per share. Talos spent $155.6 million in the quarter, up from the $142.4 million the company spent in Q4. Talos reports its capital program is heavily

Talos Energy Hopes to Consolidate in the Gulf

March 14, 2019

Targets range from small privates to supermajor-owned assets By Richard Rostad, analyst, Oil & Gas 360 Talos Energy (ticker: TALO) announced fourth quarter results and reserves today, showing $306.3 million in net income, or $5.66 per share. While most of this result is due to the company’s derivatives, even if these and other special charges are excluded Talos earned an

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 Wins Key Approval: CNH Okays Zama Appraisal Plan

September 28, 2018

Appraisal program to be completed by mid-2019 Talos Energy Inc. (ticker: TALO) said the Mexican oil & gas regulator, the National Hydrocarbons Commission (CNH), has approved the appraisal plan for the Zama discovery, and CNH is currently reviewing the application for drilling permits. The appraisal plan includes three new reservoir penetrations. This is a key approval required for Talos to

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