PURCHASE AGREEMENT Talos Production Inc. 12.000% Second-Priority Senior Secured Notes due 2026 Purchase AgreementPurchase Agreement • December 23rd, 2020 • Talos Energy Inc. • Crude petroleum & natural gas • New York
Contract Type FiledDecember 23rd, 2020 Company Industry JurisdictionTalos Production Inc., a Delaware corporation (the “Company”), and a wholly owned subsidiary of Talos Energy Inc., a Delaware corporation (the “Parent”), proposes to issue and sell to the several initial purchasers listed in Schedule 1 hereto (the “Initial Purchasers”), for whom you are acting as representative (the “Representative”), $500,000,000 principal amount of the Company’s 12.000% Second-Priority Senior Secured Notes due 2026 (the “Notes”). The Notes will be issued pursuant to an Indenture to be dated as of January 4, 2021 (the “Indenture”), among the Company, the guarantors listed in Schedule 2 hereto (the “Guarantors”) and Wilmington Trust, National Association, as trustee (the “Trustee”) and as collateral agent (the “Collateral Agent”), and will be guaranteed on a senior unsecured basis by Parent and on a second-priority senior secured basis by each of the Guarantors other than Parent (the “Subsidiary Guarantors”) (the “Guarantees,” and together with the Notes, the “Securiti