Helix Lands $610M From Talos In Sale Of Gulf Energy Assets
A Talos exploration and production subsidiary, Talos Production LLC, will acquire Energy Resource Technology GOM Inc., Helix said. In addition to the base purchase price, Helix will retain an overriding royalty interest in ERT's Wang drilling project in the deepwater Gulf of Mexico, it said.
If the Wang exploration well meets its production targets, the deal value...
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