Mexico Oil Reform Advances with First Private well in Eight Decades

Posted on December 12, 2017

Talos Energy is one of the most prominent gas and oil exploration company based in Houston, Texas. The company has more than six years of professional experience solving the oil and gas needs of many countries in the world. Since the company was founded, it has depicted their intention to explore one of the largest oil deposit in the world. It is also surprising that oil has remained undiscovered for the past few decades. However, this discovery also marks a new era for the two countries in the world. Talos Energy is one of the most experienced and expert oil and gas exploration company that was seeking to explore the oil in Gulf of Mexico.

Talos Energy was formed in partnership with two hedge fund and investment companies by the name Riverside Holdings Hedge Fund Management Company and the Apollo Holdings Investment Management Company. The two companies came together to provide the necessary resources to purchase Gulf of Mexico and Gulf Coast oil and gas exploration assets. Since Talos Energy was founded, they have always emphasized exploitation, asset optimization, and the exploration of assets in and out of the country. Talos Energy also engages in numerous business development activities such as the farm-ins and the JV’s situations where they have invested in more than 10.4 million acres of seismic land for business and economic transaction processes.

The management team at Talos Energy has developed and sold more than two companies since they began their business operation. The two companies namely the Phoenix exploration Company and the Gryphon Exploration Firm have worked towards developing a better business solution in a manner that depicts their leadership in the industry. The management team also has a track record of success in all their business dealings since they founded the two companies. They also want to extend this with Talos Energy.

For the first time in 80 years, Talos Energy becomes one of the first privately-held oil and gas exploration company to have a permit to operate in the Gulf of Mexico waters. This is the first step Mexico is taking to allow private investors into their country since they gained their independence.

To Learn More : www.talosenergyllc.com/about-us/

Categories: Business, Company


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