The Historic Record of Talos Energy

Talos energy made history this year as being among the three companies that were to drill an offshore oil well. Together with Premier Oil PLC and Sierra Oil & Gas (Mexico), they began drilling the well on 21st May.

This project made history because it’s the first project whose operations will be overseen by a company that is not state-owned. Petroleos Mexicanos has been in charge of all offshore well exploration since 1938.

The forecasted drilling process was set to take up to 90 days with an estimated cost of $16 million. The well which is in the Sureste Basin was estimated to hold between 100-500 million barrels of crude oil. Mexico willingly decided to open up its struggling industry to bidders. That is how the three companies acquired the rights to oversee the project and more information click here.

Regarding shareholding, Talos, which was the well operators owned 35% stake; Sierra held 40% and Premier 25%.As an action seen as one of a kind, in the oil history of Mexico, the potential success rate was high. Sources say that as at July, a billion barrel oil had been discovered on the well known as the Zama-1 well project.

Talos Energy is a private oil and gas company whose primary focus is on offshore oil production. One of their focuses is on asset acquisition as they explore oil-generating regions. These regions are mostly Gulf of the Mexican areas and the Gulf Coast.

The company has been in operation for over ten years. Their activities are environmentally friendly which has made them stay relevant among their competitors. Their expertise and strategy towards oil exploitation have helped in quality service delivery. They also have skilled workforce to enforce their operations and learn more about Talos Energy.

Most notably is Ash Shepherd, the manager at Talos Energy. Shepherd acquired the Thirty Under 40 honoree in 2016. He significantly signed the first two contracts relating to production sharing in Mexico’s 2013 energy reforms and Talos Energy’s lacrosse camp.

Probably one of the biggest achievements at Talos is that the company was the first ever foreign oil operator in Mexico. The oil industry was previously a monopoly. In 2013, Workplace Dynamics named Talos Energy as the best workplace for employees in comparison to other small businesses.

More Visit: http://www.riverstonellc.com/#!partners/exploration-and-production/talos-energy-llc

The 2015 HFM US Hedge Fund Performance Award

Highland Capital Management Company is a firm that specializes in offering advisory services to clients, and it has managed to build up assets worth more than $20 billion. The total accretion of the property includes those that are owned by the affiliate companies. The founders of the enterprise comprised of James Dondero and Mark Okada. The Highland group functions as an alternative for many credit managers who are spread all over the world. The firm’s core function is to provide services that are concerned with credit hedge funds, separate accounts, collateralized loan obligations, long only accounts, and the private equity that are distressed.

In the recent past, the company has been able to diversify its operations to include other tasks such as pension plans, endowments, corporations, foundations, fund of funds, governments, financial institutions, and high net worth individuals. The company’s headquarters is found in Dallas, Texas, but it also has other offices in Seoul, Singapore, Sao Paolo, and New York.

A few months ago, the company was recognized for its excellent delivery of services by being awarded the 2015 HFM US Hedge Fund Performance Award. The award was mainly classified in the category of the ’40 Act fund–equity’. Jim said the award was as a result of the company’s focus in delivery of superior services. The company’s staff also played an important part because they were able to apply their expertise in different fields, something that worked for the benefit of the enterprise.

HFM US Hedge Fund is granted to the ’40 Act funds’, fund of funds, and the hedge funds that have performed better than their competitors in the market. The performance is mostly based on the qualitative and the quantitative factors, and the judges of the award are known to consider the history of the manager and investor’s repute among many other things. The enterprise’s performance in the last five years is also taken into consideration when deciding on the winner of the award.

In the Highland firm, Michael Gregory works as the director and also the overall head of credit and equity sections. The most profitable segment in the company is the healthcare portfolio, and it has been able to bring in a profit of more than $3 billion. The company has been able to register a lot of success because of the dedicated team of employees who are happy to work under the supervision of Jim. According to Jim, the company is still focused on providing the first-class performance to its investors.

James Dondero Appoints New HCM Institutional Products’ President

James Dondero recently appointed Terry Jones as the Institutional Products’ president of the Highland Capital Management (HCM), a Dallas-based investment management firm. HCM together with its affiliates manages approximately $20 billion worth of assets. Jones brings over a quarter a century of experience in the global management firm. Before joining HCM as a full-time staff, Jones was the Lead Director of Highland Funds and sat on the boards of the Genworth Life Insurance Company and the SEI AIC III.

Jones’ experience includes being the founder, CIO and president of Battersby Capital Management. He has also served as the Overall Head of Event Driven and Relative Value Sectors of the Goldman Sachs. He graduated with a bachelor’s degree in economics from the Columbia College and later received his MBA from the Columbia Business School.

James Dondero or popularly known as Jim is a co-founder, president, portfolio manager and managing partner of the Highland Capital Management. Dondero co-founded HCM in the year 1993 and actively manages the private equity section. He is also entitled with deciding and ensuring execution of company’s strategic operations and investment initiatives. He has previously served as the portfolio manager in the NexPoint Credit Strategies.

Dondero is also the president, co-founder, portfolio manager and managing partner of NexPoint Capital. He has also served as the president of the Nexpoint Multifamily Realty Trust since 2014 and currently serves as the portfolio manager of HCM Fund Advisors. He also serves as in different managerial posts in other renowned companies. Follow him on FaceBook, Twitter, and Tumblr to get daily HCM updates.