Talos Energy LLC is a private upstream oil and gas company focused on exploration and the production of oil and gas properties with a focus on the Gulf of Mexico and Gulf Coast. The company founded in the year 2012 by Timothy Duncan with hundreds of millions equity raise from Apollo Global Management and Riverstone Holdings. Talos energy management team includes Timothy Duncan serving as both the president and CEO and John Harrison as the executive vice president and chief financial officer. The company headquarters in Houston, Texas.
Houston-based oil and Gas Company receives finance from investment funds affiliated with Apollo Global Management, LLC, Riverstone Holdings LLC, and Talos management. The company expertise deals in acquiring assets around the Gulf Coast and Gulf of Mexico regions. Talos lays emphasize on asset optimization, exploitation, and exploration. Petroleos Mexicanos is set to launch a joint venture of London’s Premier Oil, Houston’s Talos Energy in Mexico. The project is the first since the country nationalized its oil industry to launch in Mexico after eight decades and Talos Energy on Facebook.
Drilling in Mexico is expected to last for an approximate of ninety days, at a cost to Premier of 16 million dollars. In 2015, Talos, Apollo, and Riverstone won rights in the opening round of bidding after Mexico voted to open its ailing oil industry to private investment. Talos is the engineer of the well and owns at least 35% stake in the venture. Sierra holds 40% and Premier, 25%. An analyst at Canaccord Genuity Ltd reviewed the new venture as the most exciting exploration wells to be drilled in the sector internationally and Talos Energy’s lacrosse camp.
Talos energy other subsidiaries include the helix energy solutions, an international offshore energy company that provides development solutions and different crucial life of field services to the energy market as well as to its oil and gas business unit. Helix group headquarters in Houston, Texas and more information click here.
Talos Energy affirms the self-governing spirit and entrepreneurial technique that has positioned it to be among the most successful energy company. Talos foundation and fundamentals begin with people, and there is no more significant competitive advantage than the performance delivered by the hard-working team members and learn more about Talos Energy.