Talos Energy, an American-based oil and gas company, has been going through somewhat of a reconstruction. This dynamic company has a history of success, has produced great results in oil production and has grown at a considerable rate. As of 2018, Talos Energy has been involved in a merger with Stone Energy Corporation. This merger actually took up to four months to complete because of its great asset-generating potential. A lot is at stake for both companies, especially for Talos Energy because it will be taking all of the risks. Thanks to the company’s great leadership, the company won’t have too much to worry about in the future.
Tim Duncan, CEO of Talos Energy, has the ball in his court. Duncan is known for turning things around for struggling businesses that relate to this sector of work. Integrating oil and gas companies is very risky. It would be extremely hard trying to find many individuals who are willing to take on a challenge like this, but Duncan isn’t your ordinary businessman. Back in 2006, Duncan used business-savvy sense to take over the struggling Phoenix Oil Field platform. Hurricane Rita devastated this platform, but Duncan transformed this disaster into something that was productive. At the time of the disaster, Duncan was the Senior Vice President of the Phoenix Exploration Company. Thanks to his forward-thinking capability, the Phoenix Oil platform went on to become Talos Energy’s largest asset producer.
The newly merged Talos Energy is once again taking on a huge challenge, especially since Stone Energy has filed for bankruptcy. This company knows what offshore drilling is truly about. Talos Energy has plenty of technological advancements such as seismic data equipment, innovative drilling tools and other advanced components to get the job done. The company has many things to be excited for in the future, and this merger just so happens to be one of them.
About Talos Energy: www.indeed.com/cmp/Talos-Energy