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SES - Talos Energy Highlights - May 21, 2020

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Talos Energy will curtail 12,500-13,500 boe/d during Q2 as a result of price-related shut-ins and accelerated maintenance and facilities projects. The latter will have a 6,000-7,000 boe/d impact. Q1 production averaged 58,100 boe/d (70% oil), up 8% sequentially. Fullyear 2020 production guidance has been revised to 61,000-64,400 boe/d from 66,800-70,200 boe/d. Capex has been lowered to $355-380 million from $520-545......
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