Sergio Maiworm

“For my remarks, I’ll touch on Talos’ commitment to financial discipline and our ability to deliver value through our strong cash flow generation and the flexibility of our capital budget, especially in light of lower commodity prices.”

“Taking a look at our financial performance highlighted in slide four, we're very pleased with our results for the fourth quarter, which demonstrates our focus on operational execution and consistent free cash flow generation.”

“I’m very pleased to be working closely with Joe in his role as interim CEO. But before I start, I would like to comment on the Talos Audit Committee Internal Review we announced with our earnings release, which has no material impact on financial results.”

“Thank you, Tim, and good morning, everyone, and thank you for joining our call this morning. Before diving into the next slide, I just wanted to provide a couple of thoughts on the business so far and going forward.”

“As Tim mentioned earlier in the call, we have increased our debt reduction target from $400 million to $550 million by the end of the year; also a couple of months ago, in our last earnings call, we guided the market to expect a leverage target at the end of the year of 1x or below, and we're actually able to achieve…”