M&A Deal Summary

Talos Energy Acquires Stone Energy

On November 21, 2017, Talos Energy acquired oil/gas exploration company Stone Energy

Acquisition Highlights
  • This is Talos Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Talos Energy’s 1st transaction in the United States.
  • This is Talos Energy’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2017-11-21
Target Stone Energy
Sector Oil/Gas Exploration
Buyer(s) Talos Energy
Deal Type Merger
Advisor(s) Petrie Partners LLC (Financial)
Akin Gump Strauss Hauer & Feld (Legal)

Target

Stone Energy

Lafayette, Louisiana, United States
Stone Energy Corp. is an oil and natural gas exploration and production company headquartered in Lafayette, Louisiana with additional offices in New Orleans, Houston, Texas and Morgantown, West Virginia. Stone is engaged in the acquisition, exploration, and development of properties in the Deep Water Gulf of Mexico, Appalachia and the onshore and offshore Gulf Coast.

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Buyer(S) 1

Buyer

Talos Energy

Houston, Texas, United States
Category Company
Founded 2011
Sector Energy Services and Equipment
Employees600
Revenue 1.5B USD (2023)
DESCRIPTION

Talos Energy is an independent oil & gas company focused on offshore exploration and production. Our expertise is based upon acquiring assets in and around the Gulf Coast and Gulf of Mexico regions with a high-emphasis on asset optimization, exploitation, and exploration. Talos Energy was founded in 2011 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 4
Sector (Oil/Gas Exploration) 1 of 4
Type (Merger) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 4
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 ILX Holdings

Houston, Texas, United States

ILX Holdings LLC is an oil and gas exploration and production partnership managed by Ridgewood Energy with a focus on the deepwater Gulf of Mexico.

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