Talos Energy to acquire 50% stake in Mexico's Block 29 for $30M
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Talos Energy Announces Strategic Offshore Mexico Development Farm-In
July 27, 2026 4:15 PM EDTHOUSTON, July 27, 2026 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the execution of a definitive agreement to farm into the Block 29 development offshore Mexico, operated by Repsol, S.A. ("Repsol"). Talos will acquire a 50% working interest for a contingent $30 million payment at final investment decision ("FID"), a cash carry of up to $20 million on the next... More
