February 25, 2018 12:36 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Talos Energy LLC

Company Overview

Talos Energy LLC, an oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in the Gulf Coast and Gulf of Mexico. The company was founded in 2012 and is based in Houston, Texas.

500 Dallas Street

Suite 2000

Houston, TX 77002-4727

United States

Founded in 2012





Key Executives for Talos Energy LLC

Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Chief Operating Officer and Executive Vice President
Senior Vice President and General Counsel
Executive Vice President of Exploration
Compensation as of Fiscal Year 2017.

Talos Energy LLC Key Developments

Talos Energy LLC Provides Earnings and Operating Results Guidance for Year 2017

Talos Energy LLC announced earnings and operating results guidance for the year 2017. The company expects EBITDA $440 million. Also estimated 2017 production of 47,000 barrels equivalent a day.

Stone Energy Corporation, Talos Energy LLC - M&A Call

To approve the combination of Talos and Stone in an all-stock transaction that will create a premier offshore-focused exploration and production company Talos Energy, Inc

Talos Energy LLC with its Joint Venture Partners Sierra Oil and Gas S. de R.L de C.V. and Premier Oil plc Announce Zama-1 Exploration Well Historic Oil Discovery Offshore Mexico

Talos Energy LLC together with its joint venture partners Sierra Oil and Gas S. de R.L de C.V. and Premier Oil Plc, announce that the Zama-1 exploration well, offshore Mexico, has discovered oil. Talos holds a 35% participation interest with Sierra and Premier holding 40% and 25% participation interests, respectively. The Zama-1 well is the first offshore exploration well drilled by the private sector in Mexico's history. The well, located in 546 feet (166 meters) of water and approximately 37 miles (60 kilometers) from the Port of Dos Bocas, has reached an initial shallow target vertical depth of approximately 11,100 feet (3,383 meters). Preliminary analysis indicates: A contiguous gross oil bearing interval of over 1,100 feet (335 meters), with 558-656 feet (170-200 meters) of net oil pay in Upper Miocene sandstones with no water contact; Initial gross original oil in place estimates for the Zama-1 well range from 1.4 to 2.0 billion barrels, exceeding pre-drill estimates, some of which could extend into a neighboring block; Initial tests of hydrocarbon samples recovered to the surface contain light oil, with API gravities between 28° and 30° and some associated gas.

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