Talos Energy Inc. has appointed Gregory M. Babcock, the company’s current vice-president and chief accounting officer, to serve as interim chief financial officer, effective June 28, 2025. He will succeed Sergio L. Maiworm Jr., the company's executive vice-president and chief financial officer, who has elected to pursue a new opportunity.
Maiworm, who has served as Talos' operator's chief financial officer since April 2024 after joining the company in 2018, will remain with Talos and continue to serve as chief financial officer through June 27, 2025 (OGJ Online, Apr. 25, 2024).
Babcock has more than 17 years of industry experience. He joined Talos in 2014 and has served in his current position since 2019.
Talos, in the release about the officer succession May 19, said the change is not related to any issues involving the company's financial reporting or internal controls. The company reaffirmed its production guidance for second-quarter 2025, as well as its operational and financial guidance for full-year 2025.
For second-quarter 2025, Talos expects average daily production of 92,000-96,000 boe/d, with 67% oil volumes. Capital expenditures of $500-$540 million (excluding acquisitions) are expected for full-year 2025.
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