oil & gas assets
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SES - Talos Energy Highlights - March 19, 2020



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In response to recent trends in oil and gas commodity markets, Talos Energy is reducing its previous 2020 capital and operating expenditure guidance. Spending targets have been lowered by more than $125 million to an unspecified amount. Prior guidance was $520-545 million, with $280-285 million to be spent offshore the US. The reduction will be achieved by utilizing flexibility in its short-term rig contracts. Price assumptions have been revised to $30/bbl WTI from $50/bbl......
 
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