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A&D - Talos emerges as largest public GOM pure-play in $640MM deal - December 2019



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Gulf of Mexico producer Talos Energy struck a series of deals totaling $640 million to acquire interests in producing fields and exploration prospects from affiliates of ILX Holdings, Castex Energy and Venari Resources. The acquired Q3 net production of 19,000 boe/d (65% oil, 72% liquids) will boost Talos’ total by 35% to 72,000 boe/d. Following completion of the deals, expected in 1Q20, the company says it will be the largest publicly traded GOM pure-play.......
 
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