TALO · Talos Energy Inc.

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three months ended June 30, 2026. Talos also provided third quarter 2026 production guidance and revised full-year 2026 guidance. Second Quarter Operational and Financial Highlights Produced 68.6 thousand barrels of oil per day ("MBo/d") and 93.7 thousand barrels of oil equivalent per day ("MBoe/d"); oil and total equivalent production exceeded guidance ranges driven by strong uptime and well performance. Reported net cash provided by operating activities of $300.6 million. Generated Adjusted Free Cash Flow (1)(2) of $231.6 million. Recorded Net Income (2) of $149.7 million or $0.88 Net Income (2) per diluted share; Adjusted Net Income (1)(2) of $97.8 million or $0.57 Adjusted Net Income per diluted share (1)(2) . Generated Adjusted EBITDA (1)(2) of $402.4 million. Invested $112.5 million of capital expenditures, excluding plugging and abandonment and settled

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the execution of a definitive agreement to farm into the Block 29 development offshore Mexico, operated by Repsol, S.A. ("Repsol"). Talos will acquire a 50% working interest for a contingent $30 million payment at final investment decision ("FID"), a cash carry of up to $20 million on the next exploration well, and reimbursement of certain pre-closing costs (the "Transaction"). Strategic Rationale: Expands Resource Base with Material Greenfield Development: Adds a 50% working interest in a pre-FID development containing the Polok and Chinwol oil discoveries, which are estimated to contain more than 200 million barrels of oil equivalent ("MMBoe") of gross recoverable resource. Strategic Infrastructure: Features a floating production, storage and offloading ("FPSO") based development concept anchored by existing oil discoveries that is well-positioned to serve as a hub for future developments and nearby

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release second quarter 2026 results for the period ended June 30, 2026, on Tuesday, August 4, 2026, after the U.S. financial market closes. In addition to this release, Talos will host a conference call, broadcast live over the internet, on Wednesday, August 5, 2026, at 10:00 AM Eastern Time (9:00 AM Central Time). Listeners can access the conference call through a webcast link on the Company's website at: Talos Second Quarter 2026 Webcast . Alternatively, the conference call can be accessed by dialing (800) 836-8184 (North American toll-free) or (646) 357-8785 (international). Please dial in approximately 15 minutes before the teleconference is scheduled to begin and ask to be joined into the Talos Energy call. A replay of the call will be available one hour after the conclusion of the conference until August 12, 2026 and can be accessed by dialing (888) 660-6345 and using access code 99686#. ABOUT TALOS ENERGY

Talos Energy Inc. ("Talos") (NYSE: TALO) today announced that Talos Production Inc. (the "Company"), a wholly owned subsidiary of Talos, has priced an offering (the "Offering") of $800 million in aggregate principal amount of new 8.000 % Second-Priority Senior Secured Notes due 2034 (the "New Notes"). The Company intends to use the net proceeds from the Offering to (i) fund a portion of the cash consideration for the Company's recently announced pending Gulf of America acquisition (the "Acquisition"), (ii) fund the redemption (the "Redemption") of all of the outstanding 9.000% Second-Priority Senior Secured Notes due 2029 issued by the Company (the "2029 Notes"), and (iii) pay related fees and expenses. The Offering is expected to close on or about July 13, 2026, subject to customary closing conditions. If the Acquisition is not consummated on or before December 31, 2026, if the Company notifies the trustee of the New Notes that it will not pursue the consummation of the Acquisition,

Talos Energy Inc. ("Talos") (NYSE: TALO) today announced that Talos Production Inc. (the "Company"), a wholly owned subsidiary of Talos, has commenced an offering (the "Offering") of $800 million in aggregate principal amount of Second-Priority Senior Secured Notes due 2034 (the "New Notes"). The Company intends to use the net proceeds from the Offering to (i) fund a portion of the cash consideration for the Company's recently announced pending Gulf of America acquisition (the "Acquisition"), (ii) fund the redemption (the "Redemption") of all of the outstanding 9.000% Second-Priority Senior Secured Notes due 2029 issued by the Company (the "2029 Notes"), and (iii) pay related fees and expenses. If the Acquisition is not consummated on or before December 31, 2026, if the Company notifies the trustee of the New Notes that it will not pursue the consummation of the Acquisition, or if the third-party preferential right to purchase certain assets subject to the Acquisition is exercised,

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the execution of a definitive agreement to jointly acquire certain deepwater assets in the Gulf of America from Shell Offshore Inc. ("Shell"), alongside an affiliate of Ridgewood Energy Corporation, for cash consideration of $850 million (net to Talos), subject to customary purchase price adjustments (the "Acquisition"). Talos expects its final net cash consideration to be approximately $450 - $500 million (1) , based upon estimated interim cash flow from the acquired assets from the July 1, 2025 Acquisition effective date. Strategic Rationale: Enhances Scale with Significant Financial Accretion: Adds low-cost, high-margin, oil-weighted production and is expected to be immediately accretive to key financial metrics. Increases Reserves and Production with Future Development Upside: Adds proved reserves of approximately 23 million barrels of oil equivalent ("MMBoe") and 10 MMBoe of probable reserves,

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three months ended March 31, 2026. Talos also provided second quarter 2026 guidance for production and reiterated its operational and financial guidance for the full-year 2026. First Quarter and Recent Key Highlights Produced 63.8 thousand barrels of oil per day ("MBo/d") and 88.8 thousand barrels of oil equivalent per day ("MBoe/d"); oil production at the high-end and total equivalent production exceeding first quarter guidance ranges. Reported net cash provided by operating activities of $174.0 million. Generated Adjusted Free Cash Flow (1)(2) of $113.2 million. Repurchased approximately 2.7 million shares for $38.2 million or 34% of Adjusted Free Cash Flow (1)(2) . Board of Directors approved increase in share repurchase authorization to $200 million. Recorded Net Loss (2) of $256.2 million, or $1.52 Net Loss (2) per diluted share which includes $145.0

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release first quarter 2026 results for the period ended March 31, 2026, on Tuesday, May 5, 2026, after the U.S. financial market closes. In addition to this release, Talos will host a conference call, broadcast live over the internet, on Wednesday, May 6, 2026, at 10:00 AM Eastern Time (9:00 AM Central Time). Listeners can access the conference call through a webcast link on the Company's website at: Talos First Quarter 2026 Webcast . Alternatively, the conference call can be accessed by dialing (800) 836-8184 (North American toll-free) or (646) 357-8785 (international). Please dial in approximately 15 minutes before the teleconference is scheduled to begin and ask to be joined into the Talos Energy call. A replay of the call will be available one hour after the conclusion of the conference until May 13, 2026 and can be accessed by dialing (888) 660-6345 and using access code 27677#. ABOUT TALOS ENERGY Talos Energy

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three and twelve months ended December 31, 2025. Talos also announced its year-end 2025 reserves and 2026 operational and financial guidance. Fourth Quarter 2025 Highlights Produced 64.9 thousand barrels of oil per day ("MBo/d") and 89.2 thousand barrels of oil equivalent per day ("MBoe/d"). Reported net cash provided by operating activities of $201.8 million. Generated Adjusted Free Cash Flow (1)(2) of $21.3 million. Repurchased approximately 1.5 million shares for $16.4 million. Recorded Net Loss (2) of $202.6 million, or $1.19 Net Loss (2) per diluted share which includes $170.4 million of non-cash ceiling test impairment charges, and Adjusted Net Loss (1)(2) of $76.5 million, or $0.44 Adjusted Net Loss per diluted share (1)(2) . Generated Adjusted EBITDA (1)(2) of $240.1 million. Invested $150.4 million of capital expenditures, excluding plugging and

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announced today that it has entered into an Amended and Restated Credit Agreement which reaffirms the Company's borrowing base at $700 million and extends the maturity date to January 20, 2030. Talos remains committed to maintaining a resilient balance sheet that prioritizes financial flexibility to execute our strategy, invest in high-return projects, and navigate commodity price cycles. "This successful outcome is a strong vote of confidence from our lender group, and we appreciate their support," said Paul Goodfellow, President and Chief Executive Officer of Talos. "The maturity extension through the end of the decade and reaffirmation of our borrowing base underscore the quality of our asset base, our disciplined capital allocation strategy, and our commitment to balance sheet strength. This transaction helps ensure our long-term access to capital to execute our strategy and deliver long‑term value for our shareholders."

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release fourth quarter 2025 results for the period ended December 31, 2025, on Tuesday, February 24, 2026, after the U.S. financial market closes. In addition to this release, Talos will host a conference call, broadcast live over the internet, on Wednesday, February 25, 2026, at 10:00 AM Eastern Time (9:00 AM Central Time). Listeners can access the conference call through a webcast link at Talos Fourth Quarter 2025 Webcast . Alternatively, the conference call can be accessed by dialing (800) 836-8184 (North American toll-free) or (646) 357-8785 (international). Please dial in approximately 15 minutes before the teleconference is scheduled to begin and ask to be joined into the Talos Energy call. A replay of the call will be available one hour after the conclusion of the conference until March 4, 2026 and can be accessed by dialing (888) 660-6345 and using access code 34508#. ABOUT TALOS ENERGY Talos Energy (NYSE: