Mr. Mills has over 42 years of experience in all facets of the oil and gas energy business. Mr. Mills currently serves as a Board Member of Talos Energy and several other private E&P companies. In addition, Mr. Mills serves as the Chief Executive Officer of Samson Resources II, LLC, a position he has held since March 2017.
“On behalf of the Board and the entire Talos team, I want to express our gratitude to Tim for his invaluable contributions to the Company,” said Neal P. Goldman, chairman of Talos’ Board of Directors. “Currently, Talos stands as a leading exploration & production company in the Gulf of Mexico, backed by a dedicated team committed to safely and efficiently driving long-term value.”
Goldman added: “We have complete confidence in Joe’s capabilities to carry out Talos’ strategy as we search for a new CEO to lead Talos into the future and unlock further value. Mills brings a wealth of industry experience and knowledge, boasting over 42 years in senior leadership positions and serving on the boards of both public and private companies in the oil and gas sector.
“I’m honored to step in as interim CEO of Talos,” said Mills. “The Board has played an active role in guiding and evaluating our strategic approach, and I am confident about Talos’s direction and strategy. Our commitment remains firm in delivering compelling value for our shareholders. I look forward to working closely with the Board and leadership team, drawing on their extensive knowledge to advance our strategic priorities during this transitional period.”
Talos reaffirms its third-quarter 2024 production guidance and operational and financial guidance for the full year 2024. As previously reported, for the third quarter of 2024, Talos expects average daily production of 92.0–97.0 thousand barrels of oil equivalent per day.
