UPDATE 1-Grupo Carso to buy extra 5% stake in Mexico's Zama oilfield from Harbour Energy

Talos Energy, Inc.
Putnam Emerging Markets ex-China ETF
Canary HBAR ETF

Talos Energy, Inc.

TALO

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Putnam Emerging Markets ex-China ETF

PEMX

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Canary HBAR ETF

HBR

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Adds details from filing

- Mexico's Grupo Carso GCARSOA1.MX said on Wednesday that it has signed a binding agreement with Harbour Energy HBR.L to acquire, via a subsidiary, an additional 5% stake in the Zama oilfield in the Gulf of Mexico for $75.25 million.


Here are a few details:

  • Once the deal closes, Grupo Carso will, through its subsidiary Zamajal, hold about 17.84% stake in Zama, it said in a filing to Mexican Stock Exchange.

  • Harbour Energy will hold 27.26% and Talos Energy TALO.N 4.47%, while state oil firm Pemex will retain majority control with 50.43%, the company said.

  • The proceeds will primarily be used for oilfield development, while the deal's closure is subject to the relevant government and regulatory permits.