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QuarterNorth Energy Aug 2021 - Present 2 years 10 months. Houston, Texas, United States ... Sr Financial Analyst at Fieldwood Energy LLC Houston, TX. Connect Fernando Varela ...

Quarternorth fieldwood. QuarterNorth Energy | 2,665 followers on LinkedIn. The Gulf of Mexico is where we work and is the inspiration for our name. 25 degrees north latitude, or "quarter" north, runs directly through the ...

QuarterNorth Energy | 2,665 followers on LinkedIn. The Gulf of Mexico is where we work and is the inspiration for our name. 25 degrees north latitude, or "quarter" north, runs directly through the ...

Applicants: Fieldwood Energy LLC, Fieldwood Energy Offshore LLC, QuarterNorth Energy LLC, GOM Shelf LLC Description: Joint Petition of Fieldwood Energy LLC et al for Limited Waiver of “shipper-must-have-title” Policy, Request for Expedited Action and Shortened Comment Period. Filed Date: 8/11/21 Accession Number: 20210811-5078The original deal was priced at $435 million, with the additional $250 million related to development expenditure that Fieldwood had incurred since 1 January 2021, Lukoil said in an emailed statement.QuarterNorth, which was created last year from the remains of bankrupt Fieldwood Energy, is still being held to a two-year agreement between Fieldwood and the US Department of Justice from...Carnival Cruise Line offers cruises to the U.S., Caribbean, and Europe on 26 different ships. Here's what you need to know before you get on board. We may be compensated when you c...Jan 15, 2024 · QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company ownership in several prolific offshore fieldswith . QuarterNorth’s assets will provide additional scale from high quality deepwater assets with a favorable base decline profile along with attractive future development opportunities. 23 Aug 2020 ... Earlier this month, fellow explorer Fieldwood Energy filed for Chapter 11bankruptcy protection, its second in 2 years. Topics. Business ...Get ratings and reviews for the top 12 gutter companies in Dent, OH. Helping you find the best gutter companies for the job. Expert Advice On Improving Your Home All Projects Featu...LLC (In re Fieldwood Energy LLC), 637 B.R. 712, see flags on bad law, and search Casetext’s comprehensive legal database All State & Fed. JX. Sign In Get a Demo Free Trial ... QuarterNorth filed a motion for reconsideration of the Court's December 7, 2021 oral ruling in this adversary proceeding. The motion alleges that the Court made ...

A. The Formation of QuarterNorth. QuarterNorth Energy Inc. (the "Company") is a private corporation that holds oil and gas leases and owns and operates production facilities in the Gulf of Mexico. It was formed on August 27, 2021 as part of a Chapter 11 reorganization plan for its predecessor oil and gas production company, Fieldwood Energy LLC.Talos said the acquisition would add roughly 30,000 barrels of oil equivalent per day to its production portfolio in the Gulf of Mexico, where QuarterNorth’s predecessor Fieldwood Energy was a ...This case is a declaratory judgment action filed by plaintiffs Fieldwood Energy III, LLC, and QuarterNorth Energy, LLC, successors to Fieldwood Energy LLC (“Fieldwood”), 6. in which seek a judicial declaration they regarding their obligation to provide defense and indemnity to defendants in a separate lawsuit.Get free access to the complete judgment in Quarternorth Energy LLC v. Valero Mktg. & Supply Co. (In re Fieldwood Energy LLC) on CaseMine.Senior Land Analyst at QuarterNorth Energy Houston, TX. Connect Gerald Cosse ... Sr Production Analyst at Fieldwood Oil & Gas Lafayette, LA. Connect Jeff Springmeyer ...Mar 20, 2024 · Full title: IN RE: FIELDWOOD ENERGY LLC, et al., Debtors. v. VALERO MARKETING AND SUPPLY COMPANY, Defendant. QUARTERNORTH ENERGY LLC AND CERTAIN OF ITS AFFILIATES, Plaintiff, Court: United States Bankruptcy Court, Southern District of Texas Date published: Dec 10, 2021 Facts In June 2018, Valero, a refiner and marketer of petroleum Continue Reading Fieldwood Energy LLC / QuarterNorth Energy Jun 2016 - Present 7 years 10 months. Houston, Texas, United States Executive Assistant Hercules Offshore ...

Jan 16 (Reuters) - Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash-and-stock deal to bolster its presence in the Gulf of Mexico ...Feb 23, 2022 · QuarterNorth seeks a ruling that Fieldwood's bankruptcy plan (the "Plan") extinguished Atlantic's LOWLA privileges. (ECF No. 24 at 5). The Court orally ruled on December 7, 2021 that Fieldwood's Plan did not extinguish Atlantic's LOWLA privileges and that Atlantic was no longer barred from proceeding with its LOWLA claims in Louisiana District ... Some of Fieldwood’s creditors formed QuarterNorth last year when they acquired most of Fieldwood’s assets for $1 billion. The attempt to offload QuarterNorth is the latest in a string of sale efforts in the U.S. Gulf of Mexico, as elevated energy prices tempt asset owners to try to cash out.The ad hoc group and the other prepetition first-lien term loan lenders received 100% of the equity of QuarterNorth Energy Inc., the indirect parent of the …New York-listed Talos Energy has inked an agreement to acquire compatriot QuarterNorth Energy in a $1.29 billion deal, potentially widening its deep-water asset base in the Gulf of Mexico.

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Jan 15, 2024 · QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company ownership in several prolific offshore fieldswith . QuarterNorth’s assets will provide additional scale from high quality deepwater assets with a favorable base decline profile along with attractive future development opportunities. In the Amended Complaint, Plaintiff refers to both QuarterNorth Energy, LLC and Fieldwood Energy, LLC as “QuarterNorth.” Id. at 1. Therefore, it is impossible to ascertain which entity Plaintiff is referring to when making these allegations. 11 Id. at 3. 12 Id. 2 Case 2:22-cv-01211-NJB-DPC Document 35 Filed 09/26/22 Page 3 of 12 causing [P ...FIELDWOOD ENERGY LLC, et al., Debtors. § § § § § § § § § § § § § § § § CASE NO: 20-33948 CHAPTER 11 QUARTERNORTH ENERGY LLC AND CERTAIN OF ITS AFFILIATES, Plaintiff, VS. ADVERSARY NO. 20-3476 ATLANTIC MARITIME SERVICES LLC, Defendant. MEMORANDUM OPINION QuarterNorth filed a motion for reconsideration of the Court’s December 7 ... Our purpose is to be the best oil and gas company in the Gulf of Mexico operating a business that delivers attractive returns to our stakeholders in a Safe + Sound manner. VALUES. EXCELLENCEWe will... Execute a cash flow and economic return focused business. Perform at our best so Quarter North. can be the best. FIELDWOOD ENERGY LLC, et al., Debtors. § § § § § § § § § § § § § § § § CASE NO: 20-33948 CHAPTER 11 QUARTERNORTH ENERGY LLC AND CERTAIN OF ITS AFFILIATES, Plaintiff, VS. ADVERSARY NO. 20-3476 ATLANTIC MARITIME SERVICES LLC, Defendant. MEMORANDUM OPINION QuarterNorth filed a motion for reconsideration of the Court’s December 7 ...Talos Energy Inc. has agreed to acquire QuarterNorth Energy Inc., Houston, for $1.29 billion. The deal would add about 30,000 boe/d from offshore US Gulf of Mexico assets for full-year 2024 ...

For invoicing/payment questions contact the QuarterNorth Energy Accounting Department by phone at (713) 969-1006 or by email at [email protected]. Owners should submit inquiries relating to Royalty payments or Direct Deposit forms to the QuarterNorth Energy Owner Relations Hotline at (713) 969-1029 or by email at [email protected] group of Fieldwood creditors bought some of the company’s assets and formed QuarterNorth in 2021. QuarterNorth boasts some new, productive wells, Talos CEO Tim Duncan said Wednesday during an ...Jan 15, 2024 · Mon, 01/15/2024 - 05:52 PM. Talos Energy executed definitive agreements to acquire private Gulf of Mexico E&P QuarterNorth Energy Inc. in a cash and stock transaction valued at $1.29 billion, Talos said on Jan. 15. Talos estimates QuarterNorth’s average daily production for 2024 will be approximately 30,000 boe/d (75% oil), inclusive of ... QuarterNorth Energy Lafayette, Louisiana, United States -- Education - ... Drilling Tech at Fieldwood Energy, LLC Greater Houston. Connect Swiney John ...Report summary. Genovesa (MC 519) is a small oil and associated gas discovery located in the eastern part of the Mississippi Canyon protraction area in 2,010 metres (6,594 feet) of water. The field was discovered by Fieldwood (now Quarternorth) in July 2019. The field lies 9 kilometres (6 miles) south east of the BP's Na Kika facility.IT Applications Analyst at QuarterNorth Energy LLC Lafayette, Louisiana, United States ... Fieldwood Energy LLC Feb 2018 - Jun 2020 2 years 5 months. Houston, Texas, United States ...Paper flowers are a paper craft for kids and adults alike, and they last longer than real flowers! Learn how to make several kinds of paper flowers. Advertisement Making paper flow...IT Applications Analyst at QuarterNorth Energy LLC · Experience: QuarterNorth Energy · Location: Lafayette · 178 connections on LinkedIn. ... Fieldwood Energy LLC Jul 2013 - Feb 2018 4 years 8 ...The QuarterNorth/Fieldwood disaster is just the tip of the iceberg when it comes to the dangers posed by oil companies going bankrupt and not doing due diligence on cleaning up their messes. QuarterNorth Energy | 2,665 followers on LinkedIn. The Gulf of Mexico is where we work and is the inspiration for our name. 25 degrees north latitude, or "quarter" north, runs directly through the ... Deepwater Drilling Engineer at QuarterNorth Energy Houston, TX. Connect Jered Pecoraro ... Sr. Drilling Engineering Advisor at Fieldwood Energy LLC Tomball, TX. Connect Stephen Sprague, P.E. ...Read QuarterNorth Energy, LLC v. Crescent Midstream, LLC, Civil Action 22-1211, see flags on bad law, and search Casetext’s comprehensive legal database ... In the Amended Complaint, Plaintiff refers to both QuarterNorth Energy, LLC and Fieldwood Energy, LLC as “QuarterNorth.” Id. at 1. Therefore, it is impossible to ascertain which ...

Talos Energy Announces Strategic Acquisition of QuarterNorth Energy. January 16, 2024 08:30 AM ET. Talos will host a conference call, which will be broadcast live over the internet, on Tuesday, January 16, 2024 at 8:30 AM Eastern Time (7:30 AM Central Time). Listeners can access the conference call through a webcast link on the Company’s ...

QUARTER NORTH ENERGY P&A - HELP - Google Sites ... SEMS GuideJan 15, 2024 · QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company ownership in several prolific offshore fieldswith . QuarterNorth’s assets will provide additional scale from high quality deepwater assets with a favorable base decline profile along with attractive future development opportunities. What Fieldwood is proposing “is truly unprecedented” and “fundamentally flawed,” Chevron’s lawyers said. “In reality, the debtors’ plan is a liquidation” rather than a bankruptcy.On August 27, 2021 (the "Effective Date"), Fieldwood sold certain assets to QuarterNorth Energy, LLC. (ECF No. 65 at 2-3). QuarterNorth alleges that it will likely …Jan 16, 2024 · QuarterNorth is a privately held U.S. Gulf of Mexico exploration and production company with ownership in six major fields. It will receive about 24.8 million shares of Talos's common stock and ... Katmai is a deepwater oil field development project, located at a water depth of approximately 1,820ft in Green Canyon blocks 39 and 40 in the US Gulf of Mexico. The field is operated by Fieldwood Energy with a 50% working interest, with Ridgewood Energy holding the remaining interest in the field. It is expected to produce first oil in the ...The acquisition is part of Fieldwood’s restructuring and recapitalisation plan, which was filed earlier this year. Last week, the Bankruptcy Court for the Southern District of Texas confirmed the plan and approved the acquisition Noble Energy’s assets. Through the plan, Fieldwood secured $525m of capital, which was directed towards meeting ...

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Experience: QuarterNorth Energy · Education: McGill University · Location: Greater Houston · 500+ connections on LinkedIn. View Mike Dane’s profile on LinkedIn, a professional community of 1 ...STERLING CAPITAL LONG DURATION CORPORATE BOND CLASS C SHARES- Performance charts including intraday, historical charts and prices and keydata. Indices Commodities Currencies StocksA. The Formation of QuarterNorth. QuarterNorth Energy Inc. (the "Company") is a private corporation that holds oil and gas leases and owns and operates production facilities in the Gulf of Mexico. It was formed on August 27, 2021 as part of a Chapter 11 reorganization plan for its predecessor oil and gas production company, Fieldwood Energy LLC.“Fieldwood’s lack of mitigation, communication and urgency to address the issues associated with the D-36 well played a major role in the events leading up to the incident,” the bureau said. QuarterNorth — a reference to the 25th parallel north that bisects the Gulf — was one of the entities that emerged when Fieldwood exited ...Applicants: Fieldwood Energy LLC, Fieldwood Energy Offshore LLC, QuarterNorth Energy LLC, GOM Shelf LLC Description: Joint Petition of Fieldwood Energy LLC et al for Limited Waiver of “shipper-must-have-title” Policy, Request for Expedited Action and Shortened Comment Period. Filed Date: 8/11/21 Accession Number: 20210811-5078PR Newswire. Mon, Jan 15, 2024, 5:33 PM 15 min read. In this article: TALO. HOUSTON, Jan. 15, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: …Cameron Parish, Louisiana 2022-Feb-24. Initial Notification: During Hurricane Laura (08/25/20), an estimated 2,400 barrels of crude oil condensate was discharged from a storage tank at the Fieldwood Grand Chenier separation facility, breached the containment area, and contaminated the surrounding marsh. The RP recovered much of the oil in the ...Shannon Chavez is a Quarternorth Operations Lead at QuarterNorth Energy based in Houston, Texas. Previously, Shannon was a Lead Operator at Fieldwood Energy and also held positions at APA Corporation, Baker Energy Team, Operators & Consulting Services.... Experience: QuarterNorth Energy · Education: McGill University · Location: Greater Houston · 500+ connections on LinkedIn. View Mike Dane’s profile on LinkedIn, a professional community of 1 ... Fieldwood Energy, a Houston-based oil and gas exploration and production company with assets in both the deep and shallow waters of the Gulf of Mexico, and several affiliates filed for chapter 11 late Monday, Aug. 3, in the Bankruptcy Court for the Southern District of Texas. The company reports $1 billion to $10 billion in both assets and ...“Fieldwood’s lack of mitigation, communication and urgency to address the issues associated with the D-36 well played a major role in the events leading up to the incident,” the bureau said. QuarterNorth — a reference to the 25th parallel north that bisects the Gulf — was one of the entities that emerged when Fieldwood exited ... QuarterNorth's producing assets include six major fields and are ~95% operated and 95% in deepwater; the deal will add production of ~30K boe/day expected for FY 2024, averaging 75% oil. ….

Shortly after filing for bankruptcy FieldWood signed a two-year promise in February of last year with federal prosecutors to reach a compromise: in exchange for … Experience: QuarterNorth Energy · Education: McGill University · Location: Greater Houston · 500+ connections on LinkedIn. View Mike Dane’s profile on LinkedIn, a professional community of 1 ... Education: McGill University · Location: Greater Houston · 500+ connections on LinkedIn. View Mike Dane’s profile on LinkedIn, a professional community of 1 billion members.A group of Fieldwood’s creditors formed QuarterNorth in 2021 when they acquired most of Fieldwood’s assets for $1 billion. QuarterNorth’s producing assets include six major fields and are approximately 95% operated and 95% in deep water and bring significant reserves upside beyond current production from both producing probable zones and ...On August 3 and August 4, 2020, Fieldwood Energy LLC and 13 affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of …QuarterNorth Energy LLC et al v. Supreme Offshore Services, Inc. et al (2:22-cv-01852), Louisiana Eastern District Court, Filed: 06/20/2022 - PacerMonitor Mobile Federal and Bankruptcy Court PACER Dockets ... Fieldwood Energy III LLC. Represented By. James Denman Bercaw King & Jurgens, L.L.C. contact info. Counter Defendant. …This appeal arises out of Fieldwood Energy III LLC's (“Fieldwood”) Chapter 11 bankruptcy proceeding. Before filing for bankruptcy, Fieldwood was one of the largest producers of oil and gas in the Gulf of Mexico. Dkt. 2-2 at 1. It contracted for Atlantic to provide drilling services on five leases throughout 2020. Id.TALO. --Talos Energy Inc. today announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. for $1.29 billion. QuarterNorth is a privately-held U.S. Gulf of Mexico ... Quarternorth fieldwood, QuarterNorth and BP also dispute the proper interpretation of paragraph 11.1(n) of the Credit Bid Purchase Agreement between Fieldwood and QuarterNorth: Buyer’s Assumption of Liabilities. Subject to the terms of this Agreement, if the Closing occurs, [QuarterNorth] shall be deemed to have assumed (and shall pay,, Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the completion of the acquisition of QuarterNorth Energy Inc. ("QuarterNorth"). After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth …, Director Deepwater Operations and Projects at QuarterNorth Energy Houston, TX. Connect Michael Dorcy ... Person In Charge at Fieldwood Energy LLC / SS 169 C Ville Platte, LA. Connect ..., Adversary Case No. 20-03476 Fieldwood Energy LLC, et al. v. Atlantic Maritime Services LLC; Adversary Case No. 20-03497 Fieldwood Energy LLC, et al. v. Valero Marketing and Supply Company; Adversary Case No. 21-03418 Fieldwood Energy LLC, et al. v. Everest Reinsurance Company et al. Adversary Case No. 21-03456 Fieldwood Energy LLC v., Experience: QuarterNorth Energy · Education: McGill University · Location: Greater Houston · 500+ connections on LinkedIn. View Mike Dane’s profile on LinkedIn, a professional community of 1 ... , FIELDWOOD ENERGY LLC, et al., Debtors. § § § § § § § § § § § § § § § § CASE NO: 20-33948 CHAPTER 11 QUARTERNORTH ENERGY LLC AND CERTAIN OF ITS AFFILIATES, Plaintiff, VS. ADVERSARY NO. 20-3476 ATLANTIC MARITIME SERVICES LLC, Defendant. MEMORANDUM OPINION QuarterNorth filed a motion for reconsideration of the Court’s December 7 ..., Senior Land Analyst at QuarterNorth Energy Houston, TX. Connect Gerald Cosse ... Sr Production Analyst at Fieldwood Oil & Gas Lafayette, LA. Connect Jeff Springmeyer ..., Adversary Case No. 20-03476 Fieldwood Energy LLC, et al. v. Atlantic Maritime Services LLC; Adversary Case No. 20-03497 Fieldwood Energy LLC, et al. v. Valero Marketing and Supply Company; Adversary Case No. 21-03418 Fieldwood Energy LLC, et al. v. Everest Reinsurance Company et al. Adversary Case No. 21-03456 Fieldwood Energy LLC v., Get free access to the complete judgment in Quarternorth Energy LLC v. Valero Mktg. & Supply Co. (In re Fieldwood Energy LLC) on CaseMine., Bloomberg. Total Views: 6906. September 14, 2022. Share this article. By Rachel Butt, Jennifer A. Dlouhy and David Wethe (Bloomberg) — Federal investigators …, Mon, 01/15/2024 - 05:52 PM. Talos Energy executed definitive agreements to acquire private Gulf of Mexico E&P QuarterNorth Energy Inc. in a cash and stock transaction valued at $1.29 billion, Talos said on Jan. 15. Talos estimates QuarterNorth’s average daily production for 2024 will be approximately 30,000 boe/d (75% oil), inclusive of ..., After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as ..., When I completed Elaine Aron’s Highly Sensitive Person Self-Test, I checked 24 statements. Out of 27. I chec When I completed Elaine Aron’s Highly Sensitive Person Self-Test, I che..., Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and whe..., Jan 15 (Reuters) - Oil and gas company Talos Energy TALO.N said on Monday it will acquire privately held QuarterNorth Energy in a $1.29 billion cash and stock deal to bolster its presence in Mexico., About. Results oriented Accounting and Finance Manager with over 15 years of experience in the Oil & Gas and Lubricants industries. Proven expertise in managing accounting staff and processes ..., Mar 4, 2024 · Talos estimates QuarterNorth’s average daily production for 2024 will come in at an average 30,000 boe/d (75% oil), including planned downtime. QuarterNorth’s producing assets include six major fields that are approximately 95% operated and 95% in deepwater. Talos announced the $1.29 billion cash-and-stock acquisition of QuarterNorth in ... , 22 Feb 2022 ... Remittances from QuarterNorth Energy LLC (formerly Fieldwood Energy LLC) accounted for 15 percent, 14 percent and 10 percent of the ..., Jan 10, 2022 · INVESTIGATION FINDINGS: INCIDENT SUMMARY: On 10 January 2022, a well control and subsequent pollution event occurred in the Gulf of Mexico originating from West Delta (WD) Block 80, Platform ‘D’ on Lease OCS-G 01874 (Surface Location). The WD 80 D production platform was being maintained by QuarterNorth Energy (QNE) at the time of the incident. , QuarterNorth Energy Supervisor. Quarter North Location/Facility Description or Type of Work. Job Title (IS Net) QNE Supervisor. Reason for accessing the SEMS Portal. Password. Confirm Password Register ..., Talos Energy has agreed to acquire QuarterNorth Energy, a privately-held exploration and production company operating in the US deepwater Gulf of Mexico, in a stock and cash deal worth $1.29bn. The consideration for the deal includes 24.8 million shares of the common stock of the New York Stock Exchange (NYSE) listed Talos Energy and around ..., For invoicing/payment questions contact the QuarterNorth Energy Accounting Department by phone at (713) 969-1006 or by email at [email protected]. Owners should submit inquiries relating to Royalty payments or Direct Deposit forms to the QuarterNorth Energy Owner Relations Hotline at (713) 969-1029 or by email at [email protected]., 12-10-2021. IN RE: FIELDWOOD ENERGY LLC, et al., Debtors. v. VALERO MARKETING AND SUPPLY COMPANY, Defendant. QUARTERNORTH ENERGY LLC AND …, Valero has no claim against QuarterNorth and owes QuarterNorth $2,102,544.00, plus attorneys’ fees, costs, and interest. BACKGROUND In June 2018, Valero, a refiner and marketer of petroleum products, entered into a contract to purchase crude oil from Fieldwood, an upstream oil and gas operator and producer., QuarterNorth Energy LLC et al v. Supreme Offshore Services, Inc. et al (2:22-cv-01852), Louisiana Eastern District Court, Filed: 06/20/2022 - PacerMonitor Mobile Federal and Bankruptcy Court PACER Dockets ... Fieldwood Energy III LLC. Represented By. James Denman Bercaw King & Jurgens, L.L.C. contact info. Counter Defendant. …, Sep 20, 2022 · QuarterNorth was created from the remains of Fieldwood Energy, a major Gulf of Mexico producer which entered Chapter 11 bankruptcy for the second time in three years in August 2020. , PR Newswire. Mon, Jan 15, 2024, 5:33 PM 15 min read. In this article: TALO. HOUSTON, Jan. 15, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: …, Report summary. Genovesa (MC 519) is a small oil and associated gas discovery located in the eastern part of the Mississippi Canyon protraction area in 2,010 metres (6,594 feet) of water. The field was discovered by Fieldwood (now Quarternorth) in July 2019. The field lies 9 kilometres (6 miles) south east of the BP's Na Kika facility., Jan 16, 2024 · QuarterNorth is a privately held U.S. Gulf of Mexico exploration and production company with ownership in six major fields. It will receive about 24.8 million shares of Talos's common stock and ... , QuarterNorth and BP also dispute the proper interpretation of paragraph 11.1(n) of the Credit Bid Purchase Agreement between Fieldwood and QuarterNorth: Buyer’s Assumption of Liabilities. Subject to the terms of this Agreement, if the Closing occurs, [QuarterNorth] shall be deemed to have assumed (and shall pay,, Jan 15, 2024 · Consideration for the Transaction consists of 24.8 million shares of Talos's common stock and approximately $965 million in cash. The board of directors of both Talos and QuarterNorth have ... , Consideration for the Transaction consists of 24.8 million shares of Talos's common stock and approximately $965 million in cash. The board of directors of both Talos and QuarterNorth have ..., Texas-based Fieldwood Energy, on the other hand, filed for Chapter 11 bancruptcy protection in August 2020. Area 4 development plan.