HOUSTON, Aug. 30, 2024 /PRNewswire/ — Talos Vitality Inc. (“Talos” or the “Firm”) (NYSE: TALO) at this time introduced that Tim Duncan has stepped down from his function as President and Chief Govt Officer, efficient August 29, 2024. Joseph A. Mills, who has served on the Firm’s Board since March, 2024, will function interim President and Chief Govt Officer till a successor is in place. The Firm’s Board of Administrators has initiated a seek for a successor in partnership with a number one government search agency.
“On behalf of the Board and all the Talos staff, I need to specific our gratitude to Tim for his invaluable contributions to the Firm,” stated Neal P. Goldman, chairman of Talos’ Board of Administrators. “At the moment, Talos stands as a number one exploration & manufacturing firm within the Gulf of Mexico, backed by a devoted staff dedicated to securely and effectively driving long-term worth.”
Goldman added: “We’ve full confidence in Joe’s capabilities to hold out Talos’ technique as we seek for a brand new CEO to steer Talos into the longer term and unlock additional worth. Mills brings a wealth of business expertise and information, boasting over 42 years in senior management positions and serving on the boards of each private and non-private firms within the oil and fuel sector.”
“I’m honored to step in as interim CEO of Talos,” stated Mills. “The Board has performed an lively function guiding and evaluating our strategic strategy, and I’m assured about Talos’s route and technique. Our dedication stays agency in delivering compelling worth for our shareholders. I stay up for working carefully with the Board and management staff, drawing on their in depth information to advance our strategic priorities throughout this transitional interval.”
Talos reaffirms its third quarter 2024 manufacturing steerage and operational and monetary steerage for the complete yr 2024. As beforehand reported, for the third quarter 2024, Talos expects common each day manufacturing of 92.0 – 97.0 thousand barrels of oil equal per day.
Joseph A. Mills Biographical Particulars
Mr. Mills has over 42 years of expertise in all aspects of the oil and fuel power enterprise. Mr. Mills at the moment serves as Board Member of Talos Vitality and several other different non-public E&P firms. As well as, Mr. Mills serves because the Chief Govt Officer of Samson Assets II, LLC, a place he has held since March 2017. Previous to becoming a member of Samson Assets, Mr. Mills served in numerous management roles, together with Chairman and Chief Govt Officer positions for a number of private and non-private oil and fuel firms, together with Samson Assets II, Eagle Rock Vitality G&P, LLC and Roan Assets Firm. He additionally served in director and government officer positions at a number of different business associated firms together with El Paso Vitality, Sonat Exploration, Black Stone Minerals and Montierra Minerals & Manufacturing, LP. Mr. Mills acquired a Bachelor of Enterprise Administration diploma in Petroleum Land Administration from the College of Texas and a Grasp of Enterprise Administration diploma in Finance from the College of Houston. Extra info on Mr. Mills may be discovered within the Type 8-Okay filed by the Firm.
ABOUT TALOS ENERGY
Talos Vitality (NYSE: TALO) is a technically pushed, modern, impartial power firm centered on maximizing long-term worth by its Upstream Exploration & Manufacturing enterprise in the US Gulf of Mexico and offshore Mexico. We leverage many years of technical and offshore operational experience to accumulate, discover, and produce belongings in key geological developments whereas sustaining a give attention to secure and environment friendly operations, environmental accountability and group influence. For extra info, go to www.talosenergy.com.
INVESTOR RELATIONS CONTACT
Clay Jeansonne
+1.713.328.3011
investor@talosenergy.com
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This communication could include “forward-looking statements” inside the that means of Part 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Part 21E of the Securities Change Act of 1934, as amended. All statements, apart from statements of historic reality included on this communication, relating to our technique, future operations, monetary place, estimated revenues and losses, projected prices, prospects, plans and aims of administration are forward-looking statements. When used on this communication, the phrases “will,” “might,” “imagine,” “anticipate,” “intend,” “estimate,” “count on,” “challenge,” “forecast,” “could,” “goal,” “plan” and comparable expressions are supposed to determine forward-looking statements, though not all forward-looking statements include such figuring out phrases. These forward-looking statements are based mostly on our present expectations and assumptions about future occasions and are based mostly on at the moment out there info as to the result and timing of future occasions.
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SOURCE Talos Vitality
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