http://signaloil.wpengine.com/wp-content/uploads/2015/10/Signal-Oil-logo-red-300x32.png 0 0 RSS FEED http://signaloil.wpengine.com/wp-content/uploads/2015/10/Signal-Oil-logo-red-300x32.png RSS FEED2018-05-11 04:36:252018-05-11 04:36:25Talos, Stone Energy Complete Merger
Talos, Stone Energy Complete Merger
Talos Energy Inc. has completed its previously announced strategic merger with Stone Energy Corp. The combined company began trading May 10 on the New York Stock Exchange under the new ticker symbol “TALO,” according to a news release.
The company is headquartered in Houston.
“This is a transformational combination, in which shareholders will greatly benefit from our increased scale and liquidity,” CEO Timothy S. Duncan said in a news release. “Talos is very well positioned to capitalize on its high quality asset portfolio and returns focused capital programs in the U.S. Gulf of Mexico and offshore Mexico as well as take advantage of potential business development opportunities. We deeply appreciate the efforts of everyone involved in getting us to this point.”