TALOS ENERGY INC.

Talos Energy Inc. (NYSE: TALO) is a technically driven, independent energy company focused on oil and gas exploration and production in the United States Gulf of America and offshore Mexico. The company leverages decades of technical and offshore operational expertise to acquire, explore, and produce assets in key geological trends while maintaining a focus on safe and efficient operations, environmental responsibility, and community impact.

The company's operations are primarily concentrated in the Deepwater region of the Central U.S. Gulf of America, which remains a vital basin characterized by prolific production history and ongoing exploration success. Talos also maintains operations on the Shelf and Gulf Coast, as well as interests in Block 7 of Mexico's Sureste Basin through its investment in Talos Mexico. As of December 31, 2025, the company held estimated proved reserves of 174.7 million barrels of oil equivalent, with approximately 78 percent located in Deepwater areas and 75 percent oil-weighted. The company's proved reserves comprised 78 percent proved developed reserves and 22 percent proved undeveloped reserves.

Talos combines technical expertise in geology, geophysics, and engineering with innovative resource evaluation techniques and seismic imaging to discover new resources and optimize asset production. The company's strategy emphasizes improving existing operations through capital efficiency and margin enhancement, investing in high-margin organic projects complemented by disciplined acquisitions in Deepwater basins, and building a long-lived, scaled portfolio through greenfield developments and large resource exploration opportunities.

During 2025, the company produced 34.5 million barrels of oil equivalent, comprising 70 percent crude oil, 19 percent natural gas, and 6 percent natural gas liquids. The company markets its production to major oil and gas companies, well-established pipeline companies, and independent producers. Talos competes with large integrated oil companies and independent exploration and production companies, differentiating itself through its high-quality oil-weighted production base, proven expertise in seismic technology, high-margin Deepwater assets, and significant operating control over its portfolio.