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SES - Talos eyes infrastructure-led, short-cycle projects for 2020 - February 27, 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 is expected to close its $640 million acquisition of affiliates of ILX Holdings by the end of February. The addition of 19,000 boe/d increases Talos’ volumes 35% and makes it the largest......
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