Talos Energy Sells Additional Stake in Talos Mexico’s Zama Interest to Zamajal (Carso)

Talos Energy sold an additional 30.1% interest in its Mexican subsidiary, Talos Mexico, to Zamajal, an entity owned primarily by Grupo Carso. The deal increases Zamajal’s ownership to 80% of Talos Mexico (Talos retains 20%), with Talos receiving $49.7 million in cash at closing and $33.0 million contingent upon first commercial production from the Zama Field.