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Talos Energy
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March 2024 Investor Presentation
| Timothy Duncan | Page 15 of 11 |
May 03, 2025
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"March 2024 Investor Presentation"
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Exploration Opportunities Talos Has the Capability, Acreage, and Prospects To Generate Significant Value Through Future Drilling Texas Louisiana Gulf of Mexico 52 34 29 Project Inventory Development Exploitation Exploration 1 Projects Trend Prospects Acreage Facilities Partnerships Miocene/Pliocene Sub-Salt Miocene Cretaceous Norphlet Wilcox Daenerys Neptune Reprocessing JV with Repsol Regional Alignment Deal with BP, Chevron, Hess Gulf of Mexico Geologic Ages Well-Positioned To Execute Talos holds a strategic position in every major geological trend in the basin: • >1.5 MM gross acres of held by production and primary term acreage under lease • Key facilities host Talos and third-party production, optimizing EBIDTA margins and shortening cycle times • Active partnerships with Majors and leading Independents