Talos Energy (TALO) Update - Feb 9

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Talos Energy (TALO) Update - Feb 9

Post by dan_s »

The closing of the EnVen Acquisition is key to my valuation of $33.50.

HOUSTON, Feb. 8, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announced today that all of the proposals related to its previously announced acquisition of EnVen Energy Corporation ("EnVen") were approved by the requisite holders of Talos common stock at the Company's special meeting of stockholders held on February 8, 2023 (the "Special Meeting"). The final voting results from the Special Meeting will be reported in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission after certification by the Company's inspector of elections.

The closing of the EnVen acquisition is expected to occur on February 13, 2023, subject to customary closing conditions.

ABOUT TALOS ENERGY

Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing long-term value through its operations, currently in the United States and offshore Mexico, both upstream through oil and gas exploration and production and downstream through the development of future carbon capture and storage opportunities. As one of the Gulf of Mexico's largest public independent producers, we leverage decades of technical and offshore operational expertise toward the acquisition, exploration and development of assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we are also utilizing our expertise to explore opportunities to reduce industrial emissions through our carbon capture and storage initiatives along the U.S. Gulf Coast and Gulf of Mexico. For more information, visit www.talosenergy.com.
Dan Steffens
Energy Prospectus Group
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