TALOS ENERGY, PROMINENT OIL AND GAS ORGANIZATION

Founded on January 1st, 2012, Talos Energy is an energy, gas and oil company that is based in Houston, Texas, United States. The company’s headquarters is in the Greater Houston Area, of Southern US. The three co-founders of the company are John L. Harrison, Stephen E. Heitzman, John A Parker, and Timothy S. Duncan.

The company is also known as Stone Energy or Talos Energy LLC. The management of the company has been entrusted with the exploration and production of oil for over a decade now. The company mainly operates in the Gulf of Mexico where it specializes in the acquisition of assets in the developed deepwater and operated shelf. The firm is also known for the exploration and optimization of assets by using cutting-edge technologies. The co-founders of the company built and sold several gas companies prior to beginning Talos Energy in 2012. Some of these companies are Phoenix Exploration Co and Gryphon Exploration Co.

Recently, Talos Energy LLC merged with Stone Energy Corp and had its name changed to the famous Talos Energy, Inc. The merger was officially completed in the last quarter of 2018 and will bring in over $1.9 billion. Even though changes are expected after the merger, Timothy S. Duncan will still serve the company as the Chief Executive Officer. The new company will have some of their teams in Lafayette, Louisiana and New Orleans. After the merger, the Board of Directors of the company will consist of six members from Talos Energy, LLC and four members from Stone Energy. The main reason for the merger is to come up with one of the leading productions and exploration off-shore companies.

The stakeholders from Talos Energy LLC will walk home with approximately 34.2 million in common company shares. 63% of the new company will be owned by the shareholders from Talos, and the remaining 37% shares will go to the shareholders of Stone Energy. From the merger, talented and experienced management will be established and help in spearheading a strong position in the financial market. The merger was reached to after seeking professional views from recognized experts and specialists such as Petrie Partners Securities, and Akin Gump Strauss Hauer & Field LLP.

Cotemar Growth

The growth of the oil industry is something that a lot of people are excited about in Mexico. There are some people who look at Mexico as a third world country. Nothing could be farther from the truth. The manufacturing growth in Mexico is rapidly expanding due to issues in Asia. Not only are there environmental concerns, but many people do not want to do business with countries that do not treat their people well. Another big industry that is booming in Mexico is oil drilling and exploration services. Over the years, a lot of people have decided to start investing in various areas of the economy to try and drive growth. If you want to excel at a high level, you need to have a plan in place to do so like Cotemar. Cotemar is a company that has invested in technology to scale their business up rapidly.

Technology in Oil

Many people think of oil drilling as a crude industry without a lot of technology involved in the process. However, this is simply not true. Oil drilling requires a ton of technology to get started and to make an impact in the industry. Cotemar is a unique company because the leaders saw this trend coming many years ago. They started working on new technology, and now they are one of the leaders in the industry because they got a head start on the competition. If you want to excel at a high level, learning from the business leaders of Cotemar is a good idea.

Quality Parts

In the oil drilling industry, you cannot afford to purchase bad parts. With how expensive oil drilling equipment is, it is essential that you have quality parts that are going to last over the long term. There are a lot of people who are excited about all of the changes that are taking place in the industry. Cotemar is a company that truly wants to help others as much as possible. That is why the company is so respected both in the industry and around the country of Mexico. In addition, Cotemar treats employees well in a variety of areas. Not only is pay high, but the benefits package is solid as well. If you want to start excelling for the future, learning from the business practices of Cotemar is the way to go. Over time, this is a great company to work with.