Talos Energy Inc. announces that the Company entered into and completed a transaction to acquire Whistler Energy II, LLC ("Whistler") on August 31, 2018. Year to date gross production from Whistler's assets is approximately 1,900 barrels of oil equivalent per day ("Boepd"), or net production after royalties of approximately 1,500 Boepd, of which 82% is oil.
A new Westwood report reviews exploration potential across both the US and Mexican sides of the deepwater Gulf of Mexico. The Industry and Government are hoping for a bonanza of oil discoveries in Mexican waters of the Southern Gulf of Mexico but could be frustrated by the complex and variable geology which is quite different from the prolific US waters to the north.
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