Basham, Ringe, y Correa advises Grupo Carso in the 30.10% additional acquisition of Talos Mexico.

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Mexico City, December 17, 2024.

Basham, Ringe y Correa, S.C. (“Basham”) has provided comprehensive legal advisory services to Grupo Carso (“Carso”) in the acquisition of an additional 30.10% interest in Talos Mexico, a subsidiary of Talos Energy (“Talos”), which holds a 17.4% stake in the Zama Field.

Through this transaction, Grupo Carso continues to consolidate its participation in Mexico’s hydrocarbon extraction sector, increasing its stake in the Zama Field and building on the acquisition of Petrobal completed in the second quarter of this year.

The closing of this transaction remains subject to approval by Mexico’s Antitrust Commission (“COFECE”) and regulatory authorizations from the National Hydrocarbons Commission (“CNH”). Carso and Talos are actively working with regulatory authorities to secure all necessary permits for closing.

The following parties played critical roles in this transaction:

From Basham (representing Carso):

Juan Carlos Serra
serra@basham.com.mx

Pablo Nosti
pnosti@basham.com.mx

Pamela Salas
psalas@basham.com.mx

From Carso:
Carlos Facha (acting as in-house general counsel)

From Talos:
Deborah Huston (acting as in-house general