Talos Energy, The New Oil Titan

Although Talos Energy hasn’t been around all that long, it’s quickly becoming one of the most popular Oil Companies to date. Talos Energy was created by Tim Duncan, a former reservoir manager at Gryphon Exploration, and his partners with $600 million dollars in equity from previous backers and from assets earned by being a smart businessman.

Talos Energy takes great pride in the way that they have decided to run their internal business with their employees as well. They have been voted the best workplace among local small businesses by offering happy hours on Fridays and on-site daycare to name a couple. It is their belief that treating their employees, all of them, with awesome perks is high on their priority and they want to keep them happy. Afterall, it can be quoted that it’s been said “the risk belongs to the management and the rewards to the talent.”

Talos Energy can take great pride in the fact that they are responsible for sinking a new offshore oil well in Mexican waters for the first time in 80 years! This was actually a joint venture between Talos, Premier Oil Plc, and Sierra Oil & Gas. The drilling of this well began on May 21.

This is also the first time an offshore exploration has been launched other than state run monopoly Petroleos Mexicanas since the country nationalized oil industry in 1938.

This Zama-1 well actually holds an astounding estimated 100 million to 500 million barrels of crude oil. Drilling is expected to take around 90 days at a whopping pricetag of $16 million. In 2015, the three companies won rights after Mexico decided to open it’s rights to private investment in Mexico because of the bad shape their industry was in.

Upon inspection of the base itself, it is thought to have a high geological chance of success. Although Talos is not alone in the huge venture, which seems to be an amazing success story in the making, Talos Energy is definitely making a name for themselves. I am anxious to see what this may mean for the oil industry and Talos.

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Categories: Business,Company

The Philanthropic Works of Highland Capital Management

Young people are getting bored by the common investments that consist of bonds and shares. These are low return investment. They are interested in alternative investments that are associated with high returns. Alternative investments are some of the activities that Highland Capital Management specializes in. This is a firm that is based in Dallas under the leadership of a financial expert called James Dondero. Highland Capital Management was established in the year 1993 by Mark Okada and James Dondero. As of today, the firm has over $ 19 billion worth of assets under its management. Highland Capital Management has won many awards over the years


Other than the offices in Dallas, Highland Capital Management has offices in other cities across the globe such as New York, Singapore, and London. The company has over a 100 employees today having started with just five employees 24 years ago. As an alternative investment firm, the company specializes in distressed investments, structured investments as well as hedge funds. This makes the company suitable for individuals with fixed income. Other products that Highland Capital Management specializes in include structured product, high yield products as well as leveraged loans. The firm is also listed on the New York Stocks Exchange.


Highland Capital Management is actively involved in transforming the community around it. For this reason, under the leadership of James Dondero, the firm has made outsized donations to charity organizations within the area of Dallas as well as educational institutions. Perhaps the greatest project by the company, George Bush Presidential Library and Institute benefits the community in Dallas in many ways. Another institution that receives donations from the firm on a regular base is the Southern Methodist University. The latest donation to this institution is a $2 million donation to sponsor need students who cannot afford tuition fees.


Other projects by the firm include the Snowball Express and Uplift Education. Snowball Express is an initiative that supports fallen military families and children. This platform organizes a four-day experience for these children where they are treated to amusement parks, dances and sporting events. As for Uplift Kids, the goal is to solve educational problems for poor children from Texas.




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