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KM Financial Solutions | Offshore U.S. oil firms Talos, Stone Energy plan $2.5 bln merger
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Offshore U.S. oil firms Talos, Stone Energy plan $2.5 bln merger

20 Nov Offshore U.S. oil firms Talos, Stone Energy plan $2.5 bln merger

Posted at 21:04h in News by
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NEW YORK, Nov 21 (Reuters) – Talos Energy LLC and Stone
Energy Corp, two U.S. exploration and production
companies focused on the Gulf of Mexico, announced on Tuesday
plans to merge and create a new company valued around $2.5
billion including debt, sending Stone’s shares down nearly 13
percent.

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