For the first time in 80 years, the Mexican government has allowed private oil firms to launch offshore exploration and drilling, a move that allowed foreign competitors to venture into the energy industry. The joint venture that began drilling recently are Mexico’s Sierra Oil & Gas, Houston based Talos Energy LLC and Premier Oil Plc, which is based in London. The Zama-1 well is estimated to hold between 100 million to 500 million barrels of crude, according to a statement released by Premier. It is expected that the drilling will be concluded in three months time, and cost about $16 million. The three firms won the contract two years ago, after Mexico voted to allow private investors to venture into the oil industry in the country. According to Elaine Reynolds, a financial analyst based in London, said the drilling was very critical, and would be watched closely by industry players around the globe. He further added that the nature of the basin where the exploration was happening had high chances of succeeding. Talos Energy LLC, owns 35% of the venture and is the operator, while Sierra holds 40% and Premier 25%.
About Talos Energy LLC
A few years ago, Talos Energy LLC announced that its affiliate, Talos Production LLC had finalized an acquisition deal of $620 million for Energy Resource Technology GOM, Inc. (ERT). The assets of ERT averaged more than 16,000 barrels of crude oil per day. According to Talos Energy’s President and CEO, Tim Duncan, said they were delighted to have concluded such a deal, which would enable them reach an important milestone in their operations. Talos Energy is a private oil and gas firm headquartered in Houston. Its main areas of operations are exploration and acquisition of oil and gas fields, especially in the Gulf Coast and Gulf of Mexico. The company is backed by portfolio of funds affiliated with Riverside Holdings, LLC and Apollo Global Management, LLC and Talos Management. Talos has an elaborate, dynamic and entrepreneurial culture that is result-driven. The company is committed to corporate social responsibility, where every employee is offered $500 to support non-profit organizations of their choice.
Fortress Investment Group was first introduced to the markets in the year 2008. When the company started its first office in America, many people in the world wanted to see the performance of the company in the competitive market. The financial crisis had already swept most of the financial institutions in the country. Most of the companies in this department were looking for the support of the government so that they could get on their feet. Consumers had lost their trust in most of the financial institutions, and this meant that most of them lacked the support of customers. Many companies were declared bankrupt just because of the decisions they had made before the crisis started taking place. Fortress Investment Group came into the American market hoping that it was going to restore the reputation of the industry.
Wes Edens and several professionals in the American finance department are believed to have been the key founders of the large organization. These prominent figures in the country had been working in the corporate world for a while, and they had already researched and discovered the kind of assistance the consumers wanted. Wes Edens and his friends worked as a great team to make the dreams of the customers to become a reality. Their hard work, especially in the competitive American market started paying off when investors from other nations started coming to look for the services of the company. Fortress Investment Group decided to expand and cover the large international market due to the demands of the customers from all regions Wes and his team have remained to serve in the large firm in different platforms. The wealth they have been getting from their hard work has made them some of the most influential and wealthiest personalities in the entire market. These founders have never regretted the decision they took several years ago.
The employees working in a company have a great role to play. An international finance company has its share of challenges. The employees working in this type of company must understand the complex needs of the customers who come from many parts of the world. Without using this simple strategy, the company can only be preparing for losses at the end of the financial times. Fortress Investment Group has been fortunate to get great professionals who have been focusing on giving customers nothing but the best financial services. These professionals say that working in the company is not a complicated affair. Although the work is not easy, these employees are always given the remuneration they need. There are several benefits for the company employees to enjoy too.Fortress Investment Group does not hire anyone to work in its offices. The professionals who have been fortunate to acquire any working position in the international company must be knowledgeable. These individuals must be qualified academically so that they do not disappoint customers. These individuals must be technology experienced too. Most of the company operations use the modern technology, and this means that only experts will survive in the environment.
Jim Tananbaum is an enigma in the health sector, so much that he has been consistently receiving notable awards for his excellent undertakings over the last three years. Recently, his name was among the top 100 investment capitalists in the latest issue of Midas List. Astoundingly, he was listed at number 50 for his immense contribution in promoting better health care to the populations through creative ways of investing and setting up of new health firms across the board.
Mr. Jim Tananbaum is well educated. Yale and Harvard Harvard Universities are his alma mater, having graduated summa cum laude with degrees in BS/BSEE and M.B.A respectively. His strong educational background has made him become a well-respected man, and he has been tasked with great duties of sitting in consultancy boards of Massachusetts Institute of Technology and Harvard health programs.
Currently, he is the Chief Manager of Foresite Capital and through his ingenious practices in the firm; there has been tremendous financial growth, thereby, making all other organizations in the medical industry admire his leadership style. His career has spanned close to 25 years, and in the course of his career growth, he has helped to co-found Prospect Venture Partners and Theravance. When his career was in its infant stage, Jim’s tremendous efforts on the investment rationale at Sierra Ventures where he was acting as the CEO was well received by health enthusiasts.
Mr. Jim is a man of many accolades, claims researchgate.net. At Puma and Intercia Therapeutics, he was recognized for his contributions in promoting better operations and investments. Jim Tananbaum (officialjimtananbaum.com) is attributed with establishing many franchises that deal in health matters and steering them in the right direction so that they can make a profit through sales and in the process create employment.
Better healthcare is a fundamental right for everyone in the society. Being an elite person in the community, Mr. Jim Tananbaum has taken upon himself the mandate of ensuring that textbook strategies are conceptualized and subsequently actualized so that all individuals can end up benefiting from his expertise. Additionally, he takes his time to help both the fortunate and the less fortunate in their quest for achieving better health care. Such is the mindset of a modern selfless and caring man.
One of the privileges that come with being a successful entrepreneur is being able to share the story of one’s success. This is one thing that Marc Sparks has been doing for a long time. He has written books and appeared on many different media outlets. Therefore, he has presented his secrets to many people so that they can follow his example and make sure that they experienced their desired level of success. One thing this does is reduce the trial and error phase that people go through as they learn their strengths and weaknesses. Marc is also not ashamed of his faith in God. Learn more: http://sparktankdfw.com/
There are things to consider when it comes to being an entrepreneur. For one thing, it is important for an entrepreneur to know whether he is good with starting his own business or just being a sole proprietor. This will help him decide how to move forward. One of the most important things for business owners to do is take care of themselves so that they can make the biggest progress possible. Among the needs of entrepreneurs is a lot of good nutrition so that they will be able to focus on the type of work they need to do for a successful business venture. Learn more: https://about.me/marc_sparks
When success comes, it is very enjoyable. However, success is only the beginning, there are plenty of things business owners are to do in order to make sure that one is going to maintain the success. Running a successful business can be every bit as much work as it is bringing a business to success. This is one of the reasons that people need to have a plan for hiring others. When they get the help they need, then they can rest more. However sole proprietors can also come up with other ways to build passive income. Marc Sparks is willing to provide advice on what to do for success. Learn more: http://www.fundacity.com/marc-sparks