Talos Energy to Farm Into Block 29 Offshore Mexico Operated By Repsol - TALO News | RalliesTalos Energy to Farm Into Block 29 Offshore Mexico Operated By Repsol
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TALO• Talos to buy 50% interest in Block 29
- Talos Energy will farm into Block 29 offshore Mexico operated by Repsol.
- Talos Energy said it will buy a 50% interest for $30 million at FID, with up to $20 million cash carry.
- The project is expected to reach final investment decision in 2027.
- Block 29 is estimated to contain over 200 mmboe gross recoverable resource.