Talos Energy In The Gulf Of Mexico

Talos Energy Inc. is in the Gulf of Mexico. The reason is the conditions Geologists determine. Geologists determine the conditions by testing samples of the seafloor in the Gulf. 3D seismic imaging equipment maps the seafloor. If the conditions test positive for specific rock, minerals and the 3D image looks like an oil deposit is there. Talos Energy will begin the process of building a drilling platform.

One reason that the Gulf of Mexico is so valuable is that it is an area where dinosaur, plants and other organisms died. The plants and animals millions of years ago died and over time soil and rocks covered up the bodies. Next, the bodies decayed. The seafloor along with the heat from the earth core turned  decayed bodies into oil deposits. This makes the Gulf a sought after area for oil.

Talos Energy Inc. oil and gas company gained over 14 blocks of deep and shallow acreage in the Gulf of Mexico over the last ten years. Talos Energy also bought the company Whistler Energy ll, LLC. Whistler Energy production rate was 1,900 (BOEPD) also known as Barrels Of Oil Per Day. The drilling platform Whistler owned was in the Gulf. The sale was closed August 31st of 2018.

Whistler’s asking price was $52 Million dollars from Talos. Because Talos has active producing wells already established in the Gulf. Whistler received over $100 Million Dollars for the sale. Even though Talos only paid $14 Million out of pocket. As Whistler also sold the collateral it held. The collateral was over 77 million barrels of oil and bonds. That along with the sale of the company totaled over $100 Million dollars.

Therefore, Talos Energy continues to gain more property and drilling platforms that already produce thousands of barrels of oil per day. Talos Energy Inc. will have the new 14 blocks of property analyzed while the existing platforms bring in profit. The company will also build new platforms on the sites that have been analyzed. The analyzed sites show to be promising oil producers.

Talos plans to drill both shallow water and deepwater wells in the Gulf soon. With both establishing profitable wells for years to come.

To Learn More Click Here

Wes Edens is the Man Behind the Brightline Train System

Wes Edens is one of the brilliant minds behind Fortress Investment Group, an alternative investment company that was started up back in 1998. Along with his partners, Wes managed to build Fortress Investment into one of the leading investment companies in the United States today from their base location in New York. Fortress Investment Group has various offices spread out across the United States and abroad. By the time Wes Edens co-founded Fortress Investment Group with Randal Nardone and Rob Kauffman, he already had more than a decade of experience working in the financial industry.

Prior to coming up with the idea for Fortress Investment, Wes Edens worked at BlackRock Financial Management as well as Lehman Brothers. While Wes was well prepared for the financial industry degrees in Business Management and Finance from the University of Oregon, it was his executive positions at BlackRock that gave him the hands-on experience he needed to successfully lead Fortress Investment Group for so many years. Visit his website.

Wes Edens is also involved in several other business ventures today outside of Fortress Investment Group, including the building of the Brightline Train System in the United States. Brightline is being constructed to help reduce the high level of congestion that is continuing to grow around the country. For starters, Brightline is being built in Florida, with more train systems to come in the future. Not only is Brightline for the people and completely public, but it is the first private train system in the US to be constructed.

Wes has also taken his love for sports and added it to his portfolio by purchasing the Milwaukee Bucks, a basketball team in the NBA in the US. He also invested in a football club known as Aston Villa just this year. If that wasn’t enough, Wes Edens has also invested in Esports as well through the team FlyQuest, which is a professional League of Legends team.

LinkedIn: https://www.linkedin.com/in/wesley-edens-a6b19b3a

Forbes listed finance professional Peter Briger is a community-driven leader

Peter Briger, Co-chairman and Principal at Fortress Investment Group’s San Francisco, California division is a renowned “Forbes Top 400 Business Professional”. Within finance and investment, his resume signifies dedication to leadership, and a commitment to professionalism in all endeavors.

Before joining the Fortress Investment Group team, Peter Briger first served as a partner for global finance giant, Goldman, Sachs & Comany beginning in 1996. During his 15 year tenure there, he sat on several committees including the Japan Executive Committee, the Asian Management Committee, and the Global Control and Compliance Committee. He also served as co-head of other groups covering , distressed debt asset poolstres, fixed income, trading, and whole loan sales.

While in the midst of his tenure at Goldman Sachs, he became a managing committee member at Fortress in 2002. Alongside his principal designation, Peter Briger founded the Fortress Credit arm of business, creating a team of 300 professionals specializing in under-priced assets, and distressed debt transactions.

He attended Princeton University, and received his Master in Business Administration from University of Pennsylvania’s Wharton School of Business. He was instrumental in his role as a member of the Princeton University Investment Company, where he oversaw operations on the Board of Directors.

Peter Briger is more than his venerable, Forbes list achieving background, and CV; his interest go beyond Wall Street. He currently serves as a board member of non profit organization Tipping Point, serving impoverished families in San Francisco. Briger is a proponent of education. He also serves as a board member for Caliber Schools, a close network of college preparatory chartered schools.

His altruism seemingly has no end, and he still serves on a number of philanthropic endeavors. He is a member of the Council on Foreign Relations, and the Silicon Valley Leadership Council. Through the CFR, he guides both citizens, and policy makers through the complexities of important foreign issues.

https://www.crunchbase.com/person/peter-briger