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News & Press Releases

News & Press Releases

Talos Energy Provides An Update On Liquidity And Recent Transactions
Jun 16, 2015
Talos Energy LLC (“Talos”) is providing an update on its current liquidity position and recent transactions as well as announcing first quarter 2015 operational results.

Talos Energy Announces Discovery at Green Canyon 237
Sep 17, 2014
Energy Resource Technology GOM, LLC (“ERT”), has successfully logged over 600 feet of net true vertical oil pay across six reservoirs in its Motormouth prospect. The prospect, known as the Green Canyon Block 237 #6-BP1 well, is located in the Phoenix Field, which is in the Gulf of
Mexico.

Talos Energy Announces Acquisition of Certain Stone Energy GOM Shelf Assets
Jun 30, 2014
Talos Energy LLC (“Talos”) today announced entering into a definitive agreement to buy certain Gulf of Mexico (“GOM”) conventional shelf properties from Stone Energy Corporation (NYSE: SGY) for $200 million in cash. The effective date will be April 1, 2014, and the transaction is expected to close by early August, subject to customary closing conditions and adjustments. These properties averaged 9,500 BOE per day of production during the first quarter of 2014 (42% oil/liquids). Stone will retain an option for a 50% working interest in the deep drilling rights on the properties.