Sec Form 13D Filing - Riverstone Talos Energy Equityco LLC filing for TALOS ENERGY INC. (TALO) - 2023-07-07

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934 

(Amendment No. 7)*

 

Talos Energy Inc. 

(Name of Issuer)

 

Common Stock, par value $0.01 per share 

(Title of Class of Securities)

 

87484T108 

(CUSIP Number)

 

Chris Mathiesen 

c/o Riverstone Holdings LLC 

712 Fifth Avenue, 36th Floor 

New York, NY 10019 

(212) 993-0076 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

July 5, 2023 

(Date of Event Which Requires Filing of This Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

 

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

CUSIP No. 87484T10813DPage 1 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone Talos Energy Equityco LLC

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

CUSIP No. 87484T10813DPage 2 of 18 Pages

 

1

Names of Reporting Persons

 

Riverstone Talos Energy Debtco LLC

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

CUSIP No. 87484T10813DPage 3 of 18 Pages

 

1

Names of Reporting Persons

 

ILX Holdings II, LLC

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

CUSIP No. 87484T10813DPage 4 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone V Castex 2014 Holdings, L.P.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

PN

 

 

CUSIP No. 87484T10813DPage 5 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone V Talos Holdings, L.P.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

PN

 

 

CUSIP No. 87484T10813DPage 6 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone Global Energy and Power Fund V (FT), L.P.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

PN

 

 

CUSIP No. 87484T10813DPage 7 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone Energy Partners V, L.P.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

PN

 

 

CUSIP No. 87484T10813DPage 8 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone Energy GP V, LLC

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

CUSIP No. 87484T10813DPage 9 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone Energy GP V Corp.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

CO

 

 

CUSIP No. 87484T10813DPage 10 of 18 Pages

 

1

Names of Reporting Persons

 

Riverstone Holdings LLC

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

CUSIP No. 87484T10813DPage 11 of 18 Pages

 

1

Names of Reporting Persons

 

Riverstone/Gower Mgmt Co Holdings, L.P.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

PN

 

 

CUSIP No. 87484T10813DPage 12 of 18 Pages

  

1

Names of Reporting Persons

 

Riverstone Management Group, L.L.C.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

CUSIP No. 87484T10813DPage 13 of 18 Pages

  

1

Names of Reporting Persons

 

David M. Leuschen

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

IN

 

 

CUSIP No. 87484T10813DPage 14 of 18 Pages

  

1

Names of Reporting Persons

 

Pierre F. Lapeyre, Jr.

2 Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ ]
3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) [ ]

 

6

Citizenship or Place of Organization

 

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
7

Sole Voting Power

 

0

8

Shared Voting Power

 

0

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]

 

13

Percent of Class Represented by Amount in Row (11)

 

0%

14

Type of Reporting Person

 

IN

 

 

CUSIP No. 87484T10813DPage 15 of 18 Pages

  

EXPLANATORY NOTE

  

This Amendment No. 7 to Schedule 13D amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the “SEC”) on May 21, 2018 (as amended, the “Schedule 13D”), relating to the common stock, par value $0.01 per share (the “Common Stock”) of Talos Energy Inc., a Delaware corporation (the “Issuer”). Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D.

 

Item 5.          Interest in Securities of the Issuer.

 

Item 5 of this Schedule 13D is hereby amended and restated in its entirety as follows:

 

(a) – (b) This Amendment No. 7 is being filed on behalf of the Reporting Persons to report that, as of July 5, 2023, the Reporting Persons do not beneficially own any shares of Common Stock.

 

(c)             On July 5, 2023, the Reporting Persons disposed of all 12,291,914 shares of Common Stock beneficially owned by them at a price of $13.40 per share in a trade directly with a broker.

 

(d)             None.

 

(e)             As of July 5, 2023, the Reporting Persons ceased to be the beneficial owners of more than five percent of the outstanding shares of Common Stock.

 

 

CUSIP No. 87484T10813DPage 16 of 18 Pages

 

SIGNATURES

  

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: July 7, 2023

 

  Riverstone Talos Energy Equityco LLC
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  Riverstone Talos Energy Debtco LLC
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  ILX Holdings II, LLC
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  Riverstone V Castex 2014 Holdings, L.P.
  By: Riverstone Global Energy and Power Fund V (FT), L.P., its general partner
  By: Riverstone Energy Partners V, L.P., its general partner
  By: Riverstone Energy GP V, LLC, its general partner
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  Riverstone V Talos Holdings, L.P.
  By: Riverstone Energy Partners V, L.P., its general partner
  By: Riverstone Energy GP V, LLC, its general partner
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director

 

 

CUSIP No. 87484T10813DPage 17 of 18 Pages

 

  Riverstone Global Energy and Power Fund V (FT), L.P.
  By: Riverstone Energy Partners V, L.P., its general partner
  By: Riverstone Energy GP V, LLC, its general partner
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  Riverstone Energy Partners V, L.P.
  By: Riverstone Energy GP V, LLC, its general partner
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  Riverstone Energy GP V, LLC
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  Riverstone Energy GP V Corp.
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Managing Director
     
  Riverstone Holdings LLC
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Authorized Person
     
  Riverstone/Gower Mgmt Co. Holdings, L.P.
  By: Riverstone Management Group, L.L.C., its general partner
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Manager

 

 

CUSIP No. 87484T10813DPage 18 of 18 Pages

 

  Riverstone Management Group, L.L.C.
     
  By: /s/ Peter Haskopoulos
  Name: Peter Haskopoulos
  Title: Manager
     
     
  By: /s/ David M. Leuschen
  Name: David M. Leuschen
     
     
  By: /s/ Pierre F. Lapeyre, Jr.
  Name: Pierre F. Lapeyre, Jr.