US independent Talos Energy will again climb the ladder of top-tier producers in the US Gulf of Mexico after it concludes the acquisition of QuarterNorth Energy, and the company’s chief executive says its mergers and acquisition efforts are not finished.

“We’re going to take these assets (QuarterNorth’s) and invest in the very best of the upside, which we think is meaningful here, and continue to look at other M&A opportunities,” chief executive Timothy Duncan said in a conference call following Tuesday’s announcement of Talos’ $1.29