Talos Energy reduces borrowing base to $925M, adds $800M availability cap

TALOS ENERGY INC.

Borrowing base cut from $1.075B to $925M; total commitments reduced from $965M to $925M.
New $800M availability cap requires approval of two-thirds of lenders for additional loans/LCs.
Amendment reflects fall 2024 scheduled redetermination; no other redetermination triggered.
All existing credit documents and security interests reaffirmed; lender group unchanged.

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