Talos Energy has always known how to help companies the right way. They believe in giving people a chance to make the best decisions possible and that’s something that helps them connect with oil clients. Since they believe they have a great product, they know the right way to connect with people and give them everything they’re looking for. The clients they serve are an important part of the way they do things and that’s part of what makes them the best in the industry. Since they operate as offshore oil drillers, they believe they have a chance to be the first line of defense for people who want the oil they need. They also show others they can try things differently and that’s what makes the company the best it can be. Even though they’re a unique company and they believe in helping people understand what they have to offer, they still want to do things that are similar to other oil drilling companies.
When they acquired their first company, Talos Energy made the choice to incorporate some of the positive parts of the company into their own. They also knew there were ways they could help people and they pushed to make sure those options continued. The company used both the experiences from the other businesses and some of the employees from the companies they acquired so they could make sure they were offering the best experiences possible.
Based on the way they did business and how fast they began seeing different options with other people, they knew the company was going to succeed. It made them want to keep helping others and keep giving back so they didn’t have to worry about where to go from there. It also made things easier so they could show people what they were doing to make that impact. As long as they had a chance to make sure people understood how hard they worked and what they put into the business, they’d be creating a lot of positive aspects to the company. It made them want to help people while they also made their company even better.
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Stream Energy is a leading direct selling service company. It offers wireless, protective and home services to all its customers. It was started in 2005 and has generated revenue of about $8billion over the years. As of now it operates in New York, Pennsylvania, Illinois, Delaware, New Jersey, Maryland, Washington D.C, Georgia, Ohio and Texas. Its headquarters are in Dallas. In Texas, Stream Energy is names as among the top 10 trusted Retail Electric Providers.
Stream does not only focus on its employees earning but also empowering them. The company’s Woman of Power organization helps women gain and discover talents they need to grow their businesses. It also supports non-governmental institutions like Hope Supply Co. and the American Red Cross.
Stream Energy has a philanthropy which they named Stream cares. After the Hurricane Harvey which caused a lot destruction of property and livelihood of many, Stream Energy took the initiative to help the affected to recover and help them financially. They also state their hope to reach more and more people affected by the storm. They are partnering up with partners to help in driving local and grassroots giving for example partnering up with Red Cross and the Habitat for humanity to drive their CSI.
Stream Energy’s business is as simple as doing direct sales. However, this does not deter them from providing customers with residential and corporate services this way earning a network of loyal customers. The company’s salespersons in addition to the salary receive commissions according to the sales made. In Dallas they have achieved their goal by partnering up with hope which offers necessary supplies to the homeless children.
Every year they hold an event, Splash for Hope, for the homeless kids to have a fun day at the water park. In collaboration with Hawaiian Falls Water Park the children receive flip flops and are provided with food and drinks the whole day. Their project, Stream Virtual MD has simplified everything on health and health emergencies. You can easily reach the doctor from the comfort of your home without having to go through the trouble of insurance or lines.
A new oil discovery off the shores of Mexico in the Gulf of Mexico made by Talos Energy Inc. took a significant step forward recently when the Hydrocarbon Commission approved the appraisal plan for the well.
The well, known as ZAMA-1, was sunk in 2017 off the coast of Tabasco as part of a partnership operation between Talos Energy, Britain’s Premier Oil and the Latin American firm, Sierra Oil & Gas. The ZAMA operation was the first well drilled by non-Mexican private companies in the more than 80 years since Mexico nationalized petroleum industry.
Talos Energy will control a 35% stake in the well. Estimates are that the site may hold as much as two billion barrels of oil. Talos Energy is based in Houston and recently merged with Stone Energy Corporation. It also recently dried the ink on a deal for the acquisition of Whistler Energy II. Both moves have bolstered the cash base and infrastructure of Talos, positioning the company for robust growth and a solid operating foundation in coming years.
Talos Energy is helmed by Chief Executive Officer Tim Duncan. He called the approval of the appraisal plan for ZAMA “a significant milestone.” He made his comments following the completion of a pre-utilization agreement with Pemex. Duncan also said the agreement will help move actions forward more rapidly so that a second well and eventual extraction of oil from the site can began in earnest. Production of oil should began in 2022. Actual drilling is likely to commence by the end of 2018.
All this is welcome news for Mexico and it stagnant oil exploration industry. The fact that Mexico has finally allowed foreign partners to develop oil resources within its sovereign sphere shows that the country is eager to modernize and jumpstart the jobs, taxes and wealth that can be gained from exploiting its vast natural resources.
The appraisal plan for ZAMA sports a gross budget of $325 million with $75 million for contingent operations. Talos Energy was founded in 2012 and operates in the Gulf of Mexico region. Along with CEO Tim Duncan, Michael Harding serves as CFO and Stephen Heitzman is COO.
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