[SCHEDULE 13G/A] Talos Energy, Inc. SEC Filing

Rhea-AI Filing Summary

Sourcerock Group, LLC filed an amendment to Schedule 13G reporting beneficial ownership of 11,193,177 shares of Talos Energy Inc. common stock, representing 6.27% of the class. The filing states Sourcerock has sole voting and dispositive power over these shares and that the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control. The filing lists issuer and filer addresses and includes a certification signed by the filer\'s Chief Compliance Officer, Andrew Haley, dated 08/15/2025.

Positive

• Material disclosure of a >5% position (11,193,177 shares, 6.27%), increasing transparency about major holders
• Sole voting and dispositive power is clearly stated, removing ambiguity about control of the reported shares

Negative

• None.

Insights

Financial Analyst

TL;DR: A >5% stake reported, notable for investor ownership tracking but not a stated control intent.

The Schedule 13G/A discloses that Sourcerock Group holds 11,193,177 shares, or 6.27% of Talos Energy (TALO), with sole voting and dispositive power. This level of ownership crosses the 5% disclosure threshold and therefore is material to share-ownership concentration metrics and proxy voting analysis. The filer certifies the stake is held in the ordinary course of business and not to influence control, which aligns with passive-investor treatment under the Exchange Act rules.

Corporate Governance Expert

TL;DR: Ownership disclosed as passive; governance implications depend on future filings or activist signals.

Because the filer used Schedule 13G/A and certified non-control intent, the position is presented as passive. From a governance perspective, the immediate implication is increased share concentration that could matter in close votes, but absent evidence of coordination or activist intent, this filing alone does not signal a governance change. Continued monitoring of Form 13D or Form 4 activity would be appropriate to detect any shift toward active engagement.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

TALOS ENERGY INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

87484T108

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 87484T108

1

Names of Reporting Persons

Sourcerock Group LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 11,193,177.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 11,193,177.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,193,177.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TALOS ENERGY INC.
(b)	Address of issuer's principal executive offices: 333 CLAY STREET, 333 CLAY STREET, HOUSTON, TEXAS, 77002.
Item 2.
(a)	Name of person filing: Sourcerock Group, LLC
(b)	Address or principal business office or, if none, residence: 210 University Blvd. Suite 330 Denver, CO 80206
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 87484T108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 11,193,177
(b)	Percent of class: 6.27 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 11,193,177
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 11,193,177
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

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.

Sourcerock Group LLC

Signature:	Andrew Haley
Name/Title:	Chief Compliance Officer
Date:	08/15/2025

Comments accompanying signature: Power of Attorney is attached as Exhibit 24 to this Schedule 13G, authorizing Andrew Haley to sign on behalf of Sourcerock Group LLC.

FAQ

What stake in Talos Energy (TALO) did Sourcerock Group report?

Sourcerock reported beneficial ownership of 11,193,177 shares, representing 6.27% of Talos Energy common stock.

Does Sourcerock claim it intends to influence control of Talos Energy?

No. The filing certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

What voting and dispositive powers does Sourcerock have over the shares?

The filer reports sole voting power and sole dispositive power over all 11,193,177 shares, with no shared powers.

When was the Schedule 13G/A signed and by whom?

The certification was signed by Andrew Haley, Chief Compliance Officer, on 08/15/2025.

Should investors expect an immediate change in Talos Energy governance from this filing?

The filing presents the stake as passive. There is no immediate indication of governance action; a change would be signaled by subsequent filings like a Form 13D or activist disclosures.