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PS - Talos eyes infrastructure-led short-cycle projects for 2020 - March 2020
Talos Energy is focusing its 2020 activity on infrastructure-led, short-cycle projects while also allocating a portion of its D&C program to high-impact exploration catalysts. Capex guidance has been set at $520-545 million compared to anticipated 2019 spend of $540-550 million. Notably, Talos has closed its $640 million acquisition of affiliates of ILX Holdings. The addition of 19,000 boe/d increases Talos’ volumes by 35% and makes it the largest publicly traded Gulf of Mexico pure-play.......
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