Talos Energy today provided select estimated operational and financial results for the second quarter of 2022.

Preliminary estimated results for the second quarter include:

• Average daily production between 65.0 and 65.5 thousand barrels of oil equivalent ("MBoe/d"), comprised of approximately 67% oil and 75% liquids.
• Realized prices before hedges of approximately $108 per barrel of oil, $37.75 per barrel of NGLs and $8 per Mcf of natural gas.
• Realized cash hedge losses of approximately $160 million.
• Repaid $146 million of debt in the second quarter, including $140 million repayment on the revolver – reducing the Company's credit facility balance to $200 million – and $6 million retirement at maturity of its 7.5% Notes.
• Initiation of the HP-1 facility dry-dock maintenance process, previously scheduled to begin in June, was deferred until early August and thus had no production impact on second quarter results.

KeyFacts Energy: Talos Energy US Gulf of Mexico country profile   l   Talos Energy Mexico country profile