US Gulf operator Talos Energy to acquire EnVen Energy; provides scale, more infrastructure, overlapping acreage
September 23, 2022 Comments Off
Small US Gulf of Mexico operator Talos Energy has inked definitive agreements to acquire small privately held EnVen Energy for $1.1 billion, a transaction that bulks the acquiring company in that operating arena and improves its financial profile, Talos’ top executive said Sept. 22. The transaction expands Talos’ US Gulf operations with high margin oil-weighted assets which are “immediately” deleveraging,…
US Gulf operator Talos Energy to acquire EnVen Energy; provides scale, more infrastructure, overlapping acreage
Small US Gulf of Mexico operator Talos Energy has inked definitive agreements to acquire small privately held EnVen Energy for $1.1 billion, a transaction that bulks the acquiring company in that operating arena and improves its financial profile, Talos’ top executive said Sept. 22. The transaction expands Talos’ US Gulf operations with high margin oil-weighted assets which are “immediately” deleveraging,…
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