Posts in Category: Investment Expert

Talos Energy, 1st To Drill in Mexico since 1938

Talos Energy LLC, Premier Oil Plc, and Sierra Oil & Gas began oil drilling May 21, 2017 in waters around Mexico. This is the first well to be drilled by anyone other than Petroleos Mexicanos since 1938 when Mexico’s oil industry was placed under government control. The well is in 546 feet (166 meters) of water. Mexico has been reforming their energy industry. In 2015 the three companies won bidding rights when Mexico opened their oil industry to private investors. 100-500 million barrels of oil are speculated to be produced from the well in the waters off the state of Tabasco. Talos Energy holds 35% stake, Premier Oil owns 25% and Mexico’s Sierra Oil & Gas hold 40% state in the enterprise.

The well off the Sureste Basin in Mexico is a Zama-1 well.Talos Energy LLC is a Houston based company and was formed in 2012. Timothy S. Duncan is the President and CEO of Talos Energy LLC. Talos Energy’s Facebook page lists their expertise as “exploring and producing offshore hydrocarbons in the US Gulf of Mexico region as well as offshore Mexico”. Business development activities are also part of Talos Energy. They are able utilize 10.2 million acres of seismic inventory for JV’s and farm-in’s. Talos Energy LLC has $600 million in equity.

The management team for Talos Energy LLC has worked together for over 10 years. They have developed a brilliant portfolio of investment opportunities. Talos is committed to environmentally compliant and safe operations to produce oil and gas for global energy needs. Talos’s goal in the Gulf of Mexico is to continue to locate “optimal drilling locations within their existing portfolio”. Talos Energy LLC was named the best workplace by WorkplaceDynamics . In Duncan’s words “This is an environment where we’re all going to row the boat together”. Everyone involved with the company receives equity.

James Dondero and His Efforts to Improve the City of Dallas

James Dondero is the president and co-founder of Highland Capital Management based in Dallas, Texas. The firm is among the most dominant alternative credit managers not only in the United States but across the world. The investment company primarily focuses on several unique credit accounts, credit hedge funds, and private equity accounts.

James Dondero popularly known as Jim is a graduate of finance and accounts from the University of Virginia’s prestigious McIntire School of Commerce. He joined JP Morgan Chase & Co. training program in 1984 which propelled him to earn a job opportunity at American Express. Here, James work involved managing fixed income funds totaling $1 billion for over three years. Later, he joined Protective Life’s GIC subsidiary as the chief investment officer; he grew the subsidiary from just a concept into a $2 billion enterprise. Learn more about James Dondero at Affiliate Dork.

When James Dondero started Highland Capital, he had the people of Dallas in mind. He has been involved in many endeavors that help improve the lives of the communities around Dallas. James has recently funded the re-opening of the Dallas Zoo hippo habitat that was closed in 2001 with a $1 million donation. His efforts also attracted other donors who contributed a total of $13 million to enable the completion of the project. Today, local visitors and tourists can enjoy and view the hippo habitat from the beautiful Highland Capital Lodge. Read more about James Dondero at Daily Forex Report.

James Dondero and Highland Capital are involved in various other charitable organizations that offer rewarding experiences to the people of Dallas. They recently donated funds to the George W. Bush Presidential Library and the Perot Museum of Natural Sciences all to improve education. James has recently partnered with Mary Jalonick, the CEO and President of The Dallas Foundation. The two have formed The Highland Dallas Foundation Inc. that will help James select various charities to fund.

James Dondero and Highland Capital also provide grants through the year to assist several initiatives in the Dallas fraternity. The Family Place, a shelter for survivors of domestic violence, is one of the beneficiaries of the grants. They got a $1 million grant from James and Highland Capital Management. James continues to help grow and secure an optimistic future for the people of Dallas.