Talos Energy Inc. (TALO) announced on Friday that Tim Duncan will step down from his position as President and Chief Executive Officer, effective August 29, 2024.Joseph Mills, who has been a member of the Company’s Board since March 2024, will assume the role of interim President and Chief Executive Officer until a permanent successor is appointed. The Company’s Board of Directors has commenced a search for a new CEO in collaboration with a leading executive search firm.Mills brings over 42 years of comprehensive experience in the oil and gas industry. He has been the Chief Executive Officer of Samson Resources II, LLC since March 2017.Before joining Samson Resources, Mills held several leadership positions, including Chairman and CEO roles at multiple public and private oil and gas companies, such as El Paso Energy, Sonat Exploration, Black Stone Minerals, and Montierra Minerals & Production, LP.Talos Energy reiterates its production guidance for the third quarter of 2024 and its operational and financial forecasts for the entire year. For the third quarter of 2024, Talos anticipates an average daily production of 92.0 – 97.0 thousand barrels of oil equivalent per day, as previously reported.The material has been provided by InstaForex Company – www.instaforex.com
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