Seadrill Limited (“Seadrill”) is pleased to announce new contract awards for the West Neptune and the Sevan Louisiana. The West Neptune has secured a four-well extension with two one-well options with LLOG Exploration Offshore, L.L.C (“LLOG”) in US Gulf of Mexico. The firm-term will commence in direct continuation of the existing contract, has an estimated .
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HOUSTON, Jan. 11, 2021 /PRNewswire/ Talos Energy Inc. (the Company or Talos Energy ) (NYSE: TALO) today announced that Talos Production Inc. (the Issuer ), a wholly owned subsidiary of the Company, has commenced an offering (the Offering ) of $100 million in aggregate principal amount of additional 12.00% Second-Priority Senior Secured Notes due 2026 (the Additional Notes ). The Additional Notes will be issued under the same indenture as the notes issued by the Issuer on January 4, 2021 (the Existing Notes ) and will form a part of the same series of notes as the Existing Notes. The Issuer intends to use the net proceeds from the Offering to repay a portion of the outstanding borrowings under its reserves-based lending facility.
Talos Energy Inc. (the "Company" or "Talos Energy") (NYSE: TALO) today announced that Talos Production Inc. (the "Issuer"), a wholly owned subsidiary of the Company, has priced an upsized offering (the "Offering") of $150 million in aggregate principal amount of additional 12.00% Second-Priority Senior Secured Notes due 2026 (the "Additional Notes") at at an offering price equal to 97% of par, plus accrued interest from January 4, 2021. The Additional Notes will be issued under the same indenture as the notes issued by the Issuer on January 4, 2021 (the "Existing Notes") and will form a part of the same series of notes as the Existing Notes.
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HOUSTON, Dec. 17, 2020 /PRNewswire/ Talos Energy Inc. ( Talos Energy ) (NYSE: TALO) today announced that Talos Production Inc. (the Company ), a wholly owned subsidiary of Talos Energy, has priced an upsized offering (the Offering ) of $500 million in aggregate principal amount of new 12.00% Second-Priority Senior Secured Notes due 2026 (the New Notes ). The Company intends to use the net proceeds from the Offering to (i) fund the redemption (the Redemption ) of all of the outstanding 11.00% Second-Priority Senior Secured Notes due 2022 issued by the Company and Talos Production Finance Inc. (the 2022 Notes ) and (ii) pay any premiums, fees and expenses related to the Redemption and the issuance of the New Notes. The Company intends to use any remaining net proceeds for general corporate purposes, which may include the repayment of a portion of the outstanding borrowings under its reserves-based lending facility. The Offering is expected to close on or about January 4, 20
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