Talos Energy On Their New Acquisition

Talos Energy is a gas and oil company that primarily focuses on offshore production in Texas. The independent oil provider is a leader in exploration and innovation. The company prides itself on acquiring assets on the shores of Texas and throughout the Gulf Of Mexico. They are under the leadership of Tim Duncan. As the chief executive of Talos Energy he has major plans for the company. He aims to lead them to new heights of exploration, optimization and exploitation for the oil and gas industry.

Oil is in Tim Duncan’s blood. He is the son of a oil man and followed in his father’s footsteps in 1996 when he got into the oil business. He was hired by Zilkha Energy. He worked as an engineer for the company. He developed major plans for the energy company. He was able to devise strategies and tools for the energy provider to help geologists get inside of rock layers that were six miles under the earth. This company went on to have huge success. They were sold for just over one billion dollars. This type of success excited the young engineer and gave him so much motivation in what he could do for the oil industry.

Tim Duncan founded Talos Energy in 2012 with six hundred million dollars in funding. Just one year later his company acquired Phoneix Field. It did not stop there. Talos Energy has since then gone on to acquire other assets. But one year aft that the oil markets went through a recession. But the oil founder was able to handle the readjusting of his company to handle the market and survived the recession that put many oil businesses out of business.

Tim Duncan has facilitated a famous billion dollar merger for the oil industry. His company recently required Stone Energy. Stone Energy was a big move for Talos Energy since Stone Energy has filed for bankruptcy. The merging of the two companies was a challenging task for the executive. But he was able to manage both companies and combine them into one during a four month process.

Paul Herdsman Has Some Useful Advice For Entrepreneurs Who Are Looking To Start A Business

Paul Herdsman wants aspiring entrepreneurs that it isn’t easy to get a successful business off-of-the-ground that it takes hard work, knowledge, and a deep commitment to do so. Herdsman would know, because he is the Chief Operating Officer of NICE Global, which is a nearshore business solutions company that was founded in 2014. The business operates out of Jamaica, and while he didn’t have a lot of experience in the beginning with building a company in the country, he learned. NICE Global works with companies who are looking to keep their customers, lower their costs, and improve their earnings, and the company offers a spread of services to do so.

 

Paul Herdsman has said time-and-time-again that happy employees stay with a company for many years instead of looking elsewhere. This is what most companies want, because training new employees on a regular basis costs plenty of money and time. Regular customers also appreciate working with the same person over the years. NICE Global functions this way and treats its employees like they are family. Herdsman knows plenty about keeping a family happy and together, because he is married and a father of two children. Read This Article for additional information about Herdsman.

 

Paul Herdsman also recommends companies to not just hire a person to fill in a position. Instead, he suggests they should train them well, so they can do their job the right way. By giving them the proper training, employees will feel more confident and happy, and companies should continue to train their employees to keep them up-to-date with the latest happenings or way of doing things. Paul Herdsman also recommends that companies reward their good employees for accomplishing the kinds of things that will actually improve the company.

 

Paul Herdsman knows that the best companies are the ones that solve a problem for the people who come looking for help. The way to be able to solve people’s problems is to ask the right questions. Without having a deeper understanding of what is troubling the individual, companies will fail in responding to their needs. To Herdsman, this isn’t a complicated matter, but it is one that many companies fail to do right.

 

In the article, “Lessons from Entrepreneur Paul Herdsman”, Herdsman gives six lessons: create culture, invest in the players, reward employees for performing well, understand everyone’s position, find the best people, solve a problem for clients.

 

Related: https://www.behance.net/paulherdsm6f73