There are two ways Talos Energy operates to keep itself on top of the oil mining industry, when it comes to their territory in the Gulf of Mexico. The first of these methods, and a primary action of this company, is its major affiliation with other businesses that provide similar services and have aligning goals and world views. These affiliates are Apollo Global Management LLC and Riverstone Management LLC, and the funding this affiliation yields reaches the amount of multiple hundreds of millions of USD (United States Dollars). Although this may seem like an outstanding amount of cash flow between businesses, it is quite fitting to the type of service Talos provides.
This Texas based company working out of Houston performs three simple tasks, with a focus on Mexico’s gulf, which are to acquire, explore and exploit gas and oil properties off the coast. Talos is so good at the work it does that this group of professionals actually makes history within its field. Namely, the milestone under this company’s belt is a vestment the first privately held well in Mexico in nearly a century, the Zama-1. The really good news, for Talos, and its affiliates, is that the well they have to work on has plenty of hours of work in store for them, with hundreds of millions of barrels of unrefined crude oil to profit from.
With all of the good news surrounding Zama-1, it is no surprise that all eyes in Mexico, and across international borders, have a fixed gaze on the end results to come from this well. But, with its 35 per cent holding investment in the project, there really is no need for anybody outside of the company of Talos to wonder about the outcome. Every job concerning this milestone well is sure to be treated as priority number one.
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