Talos Energy shares are trading higher after the company announced the execution of a definitive agreement to jointly acquire certain deepwater assets in the Gulf of Mexico from Shell Offshore. The company commenced a $800 million offering.

Talos Energy, Inc.

Talos Energy, Inc.

TALO

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Talos Energy shares are trading higher after the company announced the execution of a definitive agreement to jointly acquire certain deepwater assets in the Gulf of Mexico from Shell Offshore. The company commenced a $800 million offering.