Talos Energy Inc

NYSE:TALO   3:59:52 PM EDT
12.66
+0.15 (+1.20%)
Debt Financing / Related, Other Pre-Announcement

Talos Energy Announces Successful Borrowing Base Redetermination Results

Published: 12/07/2020 21:41 GMT
Talos Energy Inc (TALO) - Talos Energy Announces Successful Borrowing Base Redetermination Results, Updated Audited Reserves Figures and Revised Fourth Quarter 2020 Operational and Financial Guidance.
Talos Energy Inc - Borrowing Base Has Been Successfully Reaffirmed at Its Current Level of $985 Million.
Talos Energy Inc - As of November 30, 2020, Talos Maintained Over $300 Million of Liquidity.
Talos Energy Inc - As of September 30, 2020, Talos Had Proved Reserves of 177.6 Mmboe.
Talos Energy Inc - Production From Ram Powell Has Since Been Re-established and Has Stabilized in Line With Pre-shut-in Levels.
Talos Energy Inc - Talos Now Expects Its Kaleidoscope Development to Commence Production in Mid-december.