Exhibit 99.1

EXCERPTS FROM THE PRELIMINARY OFFERING MEMORANDUM,

DATED JULY 1, 2026

As used in this Exhibit 99.1, the terms “we,” “us” and “our” refer to Talos Energy Inc. and its consolidated subsidiaries, and the term “Company” refers to Talos Production Inc. “NGLs” means natural gas and natural gas liquids and “GAAP means generally accepted accounting principles in the United States of America.

GLOSSARY

As used in this offering memorandum, unless the context indicates or otherwise requires, the following terms have the following meanings.

“Coulomb Interest” means Seller’s 100% working interest and operatorship in the Coulomb field.

“Gulf of America Acquisition” means the transactions contemplated by the Purchase Agreement.

“Na Kika Interests” means Seller’s 50% working interests in the BP-operated Na Kika platform and related Kepler, Ariel, Fourier and Herschel fields comprising a portion of the PSA Assets.

“Preferential Right” means the preferential right to purchase the Na Kika Interests in favor of BP.

“PSA Assets” means certain oil and gas properties and related assets located in the Outer Continental Shelf in the Mississippi Canyon area of the Gulf of America to be acquired by the Buyers (as defined below, in the definition of “Purchase Agreement”) pursuant to the Purchase Agreement, including the Coulomb Interest and the Na Kika Interests.

“Purchase Agreement” means that certain purchase and sale agreement, dated as of June 30, 2026, by and among Talos Ocho Energy LLC, a Delaware limited liability company and a direct wholly owned subsidiary of the Issuer (“Talos Ocho”), RE Fund V Holdco II Infrastructure, LLC, a Delaware limited liability company and an affiliate of Ridgewood Energy Corporation (together with Talos Ocho, the “Buyers”), and Shell Offshore Inc., a Delaware corporation (“Seller”), pursuant to which the Buyers will each acquire an undivided 50% interest in the PSA Assets and Talos Ocho will become operator of the Coulomb field.

“Talos Target Assets” means the undivided 50% interest in the PSA Assets to be acquired by our wholly owned subsidiary, Talos Ocho, pursuant to the Purchase Agreement, comprised of the Talos Target Coulomb Interest and the Talos Target Na Kika Interests.

“Talos Target Coulomb Interest” means the 50% working interest and operatorship in the Coulomb field to be acquired by our wholly owned subsidiary, Talos Ocho, pursuant to the Purchase Agreement.

“Talos Target Na Kika Interests” means the undivided 25% working interest in the Na Kika Interests to be acquired by our wholly owned subsidiary, Talos Ocho, pursuant to the Purchase Agreement.

Ongoing Acquisition and Investment Activities

Consistent with our business strategy, we regularly engage in the evaluation of potential acquisitions, investment opportunities, and capital projects. As a part of these efforts, we often engage in discussions with potential sellers, partners or other counterparties regarding the possible purchase of or investment in assets and operations that are strategic and complementary to our existing operations in accordance with our stated strategy to become a leading pure-play offshore E&P. Any such transactions in non-U.S. jurisdictions may be undertaken by one or more current or future foreign subsidiaries which are not, or will not be, guarantors under the Indenture.

We are currently focused on pursuing additional exploration and development opportunities that will further expand our deepwater scale in offshore Gulf of America, Gulf of Mexico, and conventional offshore basins with similar geologic characteristics. In particular, we are in current negotiations with a seller in connection with a potential long-term, non-operated opportunity. To the extent that an agreement with respect to the acquisition is reached, we would expect any initial capital outlay to be limited in nature. Talos’ share of capital expenditures as partner in the project would be expected to be weighted heavily towards the end of the decade, and would be expected to be in line with Talos’ long-term investment and capital allocation strategy. We would anticipate the funding of these investments to include a combination of cash generated from operations, cash on hand, borrowings under our Bank Credit Facility, and/or project financing.

The timeline required to negotiate and close on any one or more opportunities is at times unpredictable and can vary greatly. We typically do not announce a transaction until after we have executed a definitive agreement. In certain cases, in order to protect our business interests or for other reasons, we may defer public announcement of a transaction until closing or a later date. Past experience has demonstrated that discussions and negotiations regarding a potential transaction can advance or terminate in a short period of time. Moreover, the closing of any transaction for which we have entered into a definitive agreement may be subject to customary and other closing conditions, which may not ultimately be satisfied or waived. Such transactions may involve material investments and result in a reallocation of capital. Accordingly, we can give no assurance that our current or future acquisition or investment efforts will be successful.

Summary Historical and Pro Forma Financial Information

The following tables show summary historical financial information for each of the periods indicated for the Talos Target Coulomb Interest and the Talos Target Na Kika Interests. The summary historical financial data for the years ended December 31, 2025 and 2024 has been derived from the audited statements of revenues and direct operating expenses with respect to each of the Coulomb Interest and the Na Kika Interests, each of which is included elsewhere in this offering memorandum, and such data represents 50% of revenues and direct operating expenses attributable to the Coulomb Interest and Na Kika Interests, as applicable, that were reported in such audited statements of revenues and direct operating expenses. The summary historical financial data for the three months ended March 31, 2026 and 2025 has been derived from the unaudited statements of revenues and direct operating expenses with respect to each of the Coulomb Interest and the Na Kika Interests, each of which is included elsewhere in this offering memorandum, and such data represents 50% of revenues and direct operating expenses attributable to the Coulomb Interest and Na Kika Interests, as applicable, that were reported in such statements of revenues and direct operating expenses.

Exhibit 99.2

Talos Energy Announces Proposed Offering of $800 Million of Second-Priority Senior Secured Notes due 2034

HOUSTON, July 1, 2026 — Talos Energy Inc. (“Talos”) (NYSE: TALO) today announced that Talos Production Inc. (the “Company”), a wholly owned subsidiary of Talos, has commenced an offering (the “Offering”) of $800 million in aggregate principal amount of Second-Priority Senior Secured Notes due 2034 (the “New Notes”). The Company intends to use the net proceeds from the Offering to (i) fund a portion of the cash consideration for the Company’s recently announced pending Gulf of America acquisition (the “Acquisition”), (ii) fund the redemption (the “Redemption”) of all of the outstanding 9.000% Second-Priority Senior Secured Notes due 2029 issued by the Company (the “2029 Notes”), and (iii) pay related fees and expenses.

If the Acquisition is not consummated on or before December 31, 2026, if the Company notifies the trustee of the New Notes that it will not pursue the consummation of the Acquisition, or if the third-party preferential right to purchase certain assets subject to the Acquisition is exercised, then an aggregate of $175 million principal amount of the New Notes will be subject to a “special mandatory redemption” at a redemption price equal to 100% of the principal amount of the New Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date.

It is expected that the New Notes will be guaranteed on a senior basis by Talos and certain of the Company’s existing and future subsidiaries and will initially be secured on a second-priority basis by substantially the same collateral as the Company’s existing first-priority obligations under its senior reserves-based revolving credit facility.

The New Notes are being offered in the United States only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States only in compliance with Regulation S under the Securities Act. The New Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security, nor shall there be any sale of the New Notes or any other security of the Company, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. This press release does not constitute a notice of redemption under the optional redemption provisions of the indenture governing the 2029 Notes.

ABOUT TALOS ENERGY

Talos Energy (NYSE: TALO) is a technically driven, innovative, independent energy company focused on safely maximizing long-term value through its Exploration & Production business in the United States Gulf of America and offshore Mexico. We leverage decades of technical and offshore operational expertise to acquire, explore, and produce assets in key geological trends while maintaining a focus on safe and efficient operations, environmental responsibility, and community impact.

INVESTOR RELATIONS CONTACT

Kyle Sahni

Kyle.Sahni@talosenergy.com

CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

This communication contains “forward-looking statements” within the meaning of U.S. Private Securities Litigation Reform Act of 1995. When used in this communication, the words “will,” “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “forecast,” “may,” “objective,” “plan” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. All statements, other than statements of historical fact included in this communication, are forward-looking statements, including, but not limited to, statements regarding the Company’s plans to issue the New Notes and the intended use of the net proceeds therefrom, and the pending Acquisition. These forward-looking statements are based on our current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events.

We caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include, but are not limited to, our ability to consummate the Acquisition on the terms currently contemplated, risks and uncertainties related to economic, market or business conditions, satisfaction of customary closing conditions related to the Offering, and the other risks discussed in “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (the “SEC”), our Quarterly Reports on Forms 10-Q filed with the SEC and our other filings with the SEC, all of which can be accessed at the SEC’s website at www.sec.gov.

Should one or more of the risks or uncertainties described herein occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. All forward-looking statements, expressed or implied, included in this communication are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that we or persons acting on our behalf may issue. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this communication.