Talos Energy launches $800M debt offering to fund Gulf of America acquisition from Shell

Filed July 1, 2026 · Period ending July 1, 2026 · ~1 min read

Key Changes

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  Talos subsidiary commenced $800M offering of second-priority senior secured notes due 2034 to fund acquisition of 50% interest in Shell's Coulomb and Na Kika deepwater assets and redeem existing 9% 2029 notes.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
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  Acquisition adds 22.7 MMBoe proved reserves (13% increase) with $670M PV-10 value and 18.4 MBoe/d production (19% increase); pro forma Adjusted EBITDA rises 28% to $1.53B for 2025.

  Exhibit 99.1 verify on EDGAR →
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  Talos will acquire 50% working interest jointly with Ridgewood Energy and assume operatorship of Coulomb field; BP holds preferential right to purchase Na Kika interests.

  Exhibit 99.1 verify on EDGAR →