SC 13D/A 1 tm2214887d1_sc13da.htm SC 13D/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

Talos Energy Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

87484T108

(CUSIP Number)

Dianna Rosser Aprile

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)

May 3, 2022

(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. 87484T108

13D

Page 1 of 19 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 10,127,838
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 10,127,838

11	Aggregate Amount Beneficially Owned by Each Reporting Person 10,127,838
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 12.3%
14	Type of Reporting Person OO (Limited Liability Company)

CUSIP No. 87484T108

13D

Page 2 of 19 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 931,629
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 931,629

11	Aggregate Amount Beneficially Owned by Each Reporting Person 931,629
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 1.1%
14	Type of Reporting Person OO (Limited Liability Company)

CUSIP No. 87484T108

13D

Page 3 of 19 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 3,341,547
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 3,341,547

11	Aggregate Amount Beneficially Owned by Each Reporting Person 3,341,547
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 4.0%
14	Type of Reporting Person OO (Limited Liability Company)

CUSIP No. 87484T108

13D

Page 4 of 19 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 521,119
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 521,119

11	Aggregate Amount Beneficially Owned by Each Reporting Person 521,119
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 0.6%
14	Type of Reporting Person PN

CUSIP No. 87484T108

13D

Page 5 of 19 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 11,059,467
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 11,059,467

11	Aggregate Amount Beneficially Owned by Each Reporting Person 11,059,467
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 13.4%
14	Type of Reporting Person PN

CUSIP No. 87484T108

13D

Page 6 of 19 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 11,059,467
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 11,059,467

11	Aggregate Amount Beneficially Owned by Each Reporting Person 11,059,467
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 13.4%
14	Type of Reporting Person PN

CUSIP No. 87484T108

13D

Page 7 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

11	Aggregate Amount Beneficially Owned by Each Reporting Person 14,922,133
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 18.1%
14	Type of Reporting Person PN

CUSIP No. 87484T108

13D

Page 8 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

Aggregate Amount Beneficially Owned by Each Reporting Person

14,922,133

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

Percent of Class Represented by Amount in Row (11)

18.1%

Type of Reporting Person

OO (Limited Liability Company)

CUSIP No. 87484T108

13D

Page 9 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

11	Aggregate Amount Beneficially Owned by Each Reporting Person 14,922,133
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 18.1%
14	Type of Reporting Person CO

CUSIP No. 87484T108

13D

Page 10 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

11	Aggregate Amount Beneficially Owned by Each Reporting Person 14,922,133
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 18.1%
14	Type of Reporting Person OO (Limited Liability Company)

CUSIP No. 87484T108

13D

Page 11 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

11	Aggregate Amount Beneficially Owned by Each Reporting Person 14,922,133
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 18.1%
14	Type of Reporting Person PN

CUSIP No. 87484T108

13D

Page 12 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

11	Aggregate Amount Beneficially Owned by Each Reporting Person 14,922,133
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 18.1%
14	Type of Reporting Person OO (Limited Liability Company)

CUSIP No. 87484T108

13D

Page 13 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

11	Aggregate Amount Beneficially Owned by Each Reporting Person 14,922,133
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 18.1%
14	Type of Reporting Person IN

CUSIP No. 87484T108

13D

Page 14 of 19 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 14,922,133
	9	Sole Dispositive Power 0
	10	Shared Dispositive Power 14,922,133

11	Aggregate Amount Beneficially Owned by Each Reporting Person 14,922,133
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨
13	Percent of Class Represented by Amount in Row (11) 18.1%
14	Type of Reporting Person IN

CUSIP No. 87484T108

13D

Page 15 of 19 Pages

EXPLANATORY NOTE

This Amendment No. 4 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)

The following sets forth, as of the date of this Schedule 13D, the aggregate number of shares of Common Stock and percentage of shares of Common Stock beneficially owned by each of the Reporting Persons, as well as the number of shares of Common Stock as to which each Reporting Person has the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition of, or shared power to dispose or to direct the disposition of, as of the date hereof, based on 82,535,186 shares of Common Stock outstanding as of April 27, 2022, as reported in the Issuer’s annual report on Form 10-K filed with the SEC on May 5, 2022:

Reporting Person	Amount beneficially owned	Percent of class		Sole power to vote or to direct the vote	Shared power to vote or to direct the vote	Sole power to dispose or to direct the disposition	Shared power to dispose or to direct the disposition
Riverstone Talos Energy Equityco LLC	10,127,838	12.3	%	0	10,127,838	0	10,127,838
Riverstone Talos Energy Debtco LLC	931,629	1.1	%	0	931,629	0	931,629
ILX Holdings II, LLC	3,341,547	4.0	%	0	3,341,547	0	3,341,547
Riverstone V Castex 2014 Holdings, L.P.	521,119	0.6	%	0	521,119	0	521,119
Riverstone V Talos Holdings, L.P.	11,059,467	13.4	%	0	11,059,467	0	11,059,467
Riverstone Global Energy and Power Fund V (FT), L.P.	11,059,467	13.4	%	0	11,059,467	0	11,059,467
Riverstone Energy Partners V, L.P.	14,922,133	18.1	%	0	14,922,133	0	14,922,133
Riverstone Energy GP V, LLC	14,922,133	18.1	%	0	14,922,133	0	14,922,133
Riverstone Energy GP V Corp.	14,922,133	18.1	%	0	14,922,133	0	14,922,133
Riverstone Holdings LLC	14,922,133	18.1	%	0	14,922,133	0	14,922,133
Riverstone/Gower Mgmt Co Holdings, L.P.	14,922,133	18.1	%	0	14,922,133	0	14,922,133
Riverstone Management Group, L.L.C.	14,922,133	18.1	%	0	14,922,133	0	14,922,133
David M. Leuschen	14,922,133	18.1	%	0	14,922,133	0	14,922,133
Pierre F. Lapeyre, Jr.	14,922,133	18.1	%	0	14,922,133	0	14,922,133

CUSIP No. 87484T108

13D

Page 16 of 19 Pages

Includes 10,127,838 shares held of record by Riverstone Equityco, 931,629 shares held of record by Riverstone Debtco, 3,341,547 shares held of record by ILX Holdings II, and 521,119 shares held of record by Castex 2014.

David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Management, which is the general partner of Riverstone/Gower, which is the sole member of Riverstone Holdings, which is the sole shareholder of Riverstone Corp., which is the managing member of Riverstone GP, which is the general partner of Riverstone Energy Partners V, which is the general partner of Riverstone Energy Fund V, which is the general partner of Riverstone Aggregator, which is the managing member of Riverstone Equityco and the sole manager of Riverstone Debtco. In addition, Riverstone Energy Partners V owns an indirect interest in Castex 2014 and in ILX Holdings II.

As such, each of Riverstone Aggregator, Riverstone Energy Fund V, Riverstone Energy Partners V, Riverstone GP, Riverstone Corp., Riverstone Holdings, Riverstone/Gower, Riverstone Management, and Messrs. Leuschen and Lapeyre may be deemed to share beneficial ownership of the securities held directly by Riverstone Equity and Riverstone Debtco. Each of the foregoing entities and persons, except for Riverstone Aggregator and Riverstone Energy Fund V, may be deemed to share beneficial ownership of the securities held of record by Castex 2014 and by ILX Holdings II.

(c) From April 12, 2022 through May 6, 2022, the Reporting Persons disposed of 1,347,891 shares of Common Stock in a series of transactions at prices ranging from $19.00 to $21.31 per share in open market transactions on the New York Stock Exchange. Details by date, listing the number of shares of Common Stock disposed of and the weighted average price per share are provided below. The Reporting Persons undertake to provide, upon request by the staff of the SEC, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for each transaction.

Date	Shares Disposed Of		Weighted Average Price Per Share
April 12, 2022		62,843	$	19.1831
April 13, 2022		15,725	$	19.1534
April 14, 2022		237,001	$	19.9407
April 18, 2022		128,039	$	20.1141
April 19, 2022		111,613	$	19.6839
April 20, 2022		128,892	$	19.9877
April 21, 2022		78,287	$	19.7239
April 22, 2022		8,444	$	19.0778
April 28, 2022		11,800	$	19.0266
April 29, 2022		6,375	$	19.0324
May 3, 2022		166,297	$	19.4779
May 4, 2022		172,487	$	20.3605
May 5, 2022		121,661	$	19.8361
May 6, 2022		98,427	$	19.6982

CUSIP No. 87484T108

13D

Page 17 of 19 Pages

Except for the foregoing, none of the Reporting Persons has effected any transactions in the Common Stock since the most recent filing on Schedule 13D.

(d) None.

(e) Not applicable.

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: May 9, 2022

	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

CUSIP No. 87484T108

13D

Page 18 of 19 Pages

	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

	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

CUSIP No. 87484T108

13D

Page 19 of 19 Pages

	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

	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.

SEC Form SC 13D/A filed by Talos Energy Inc. (Amendment)