Energia
Talos Energy LLC Announces The Zama Discovery Was Awarded "Discovery Of The Year" By The AIPN
The award was a result of a rigorous review process by the AIPN nominations committee, which includes current and future presidents of the association. The two other finalists were:
"This is both a historic and significant discovery," said Timothy S. Duncan , President and Chief Executive Officer. "We believe this award is indicative of the success of the energy reform in Mexico thus far, which is continuing to attract new capital and provide local jobs and government revenues for Mexico . We are proud to be a part of such an important project."
During 2015, the Company, together with its consortium partners Sierra and Premier (the "Consortium"), executed two production sharing contracts ("PSCs") with Mexico's upstream regulator, the National Hydrocarbons Commission, for Block 2 and Block 7. The PSCs were awarded to the Consortium during the first tender of Mexico's oil and natural gas fields in over 80 years. Block 2 and Block 7 are located in the Sureste Basin, a prolific proven hydrocarbon province in the shallow waters off the coast of Mexico's Veracruz and Tabasco states, respectively. Block 2 and Block 7 contain approximately 162,904 gross acres with numerous high impact prospects in well-established and emerging plays.
Sergio Maiworm
+1.713.328.3008
investor@talosenergyllc.com
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