Category Archives: Industry

Stream Energy helps build stronger communities across Dallas area

Stream Energy is quickly gaining recognition as one of the most important alternative energy firms operating in the Southwestern United States today. The company has been in existence for nearly 15 years. But it has only been recently that Stream Energy has begun receiving the attention it deserves for its revolutionary role in the promotion of green energy sources as a commercially viable means of energy provision.

As one of the first energy companies working on a multi-level-marketing paradigm, Stream Energy has been a surprise success. The highly flexible model that it offers consumers has proven to be an enormously successful means of supplying energy. Stream Energy gives customers, who may not have otherwise had the opportunity, the chance to obtain 100 percent of their energy from clean sources. The ability to allow customers in rural and other out-of-the-way areas to go with wind and solar-derived energy plans has been a strong selling point for the company, which often dumbfounds customers when it informs them that they can help save the planet while their air conditioner saves them from heat stroke.

But the company is making even bigger waves around its hometown of Dallas, Texas. It is there that Stream Energy has become one of the city’s most important drivers of charity and philanthropic giving. Stream first came on most Texas residents’ radar during the unfolding of the Hurricane Harvey disaster. The company was able to immediately donate tens of thousands of dollars to its neighbors in need in the Houston area. The company also sent an army of its own employees to the area to help in the rescue, cleanup and rebuilding efforts. When all was said and done, Stream employees had collectively donated thousands of hours of their personal time helping to rebuild the communities of their neighbors.

Stream has also been an active participant in local children’s charities. One of the most heartwarming stories is the company’s underwriting of local trips for homeless kids to zoos, waterparks and other entertainment venues. For many of these children, the Stream-sponsored junkets are the first time they have ever been able to enjoy an afternoon of carefree fun. These are just a few of the examples of Stream’s magnanimity.

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Talos Endergy has all the right stufff

May 21 was a monumental moment for oil companies. It was the start of the first oil well being drilled into the Gulf of Mexico since the Mexican government voted to allow private companies to drill. Before that, only Petroles Mexicanos, the government owned oil company, could drill in Mexico. This government policy has been in effect since 1938. However, in 2015, London-based Premier Oil Plc, Houston’s Talos Energy LLC and Mexico’s Sierra Oil & Gas won a join venture bid to enter the Mexican market when they changed their policy.

The three companies dropped the first well as an exploration well. They call the well Zama-1 and it can hold between 100 million barrels to 500 million barrels of oil at a single time.

Each of these three companies has a different stake in this joint venture. Talos controls 35% of the stake, Sierra 40% of the stake, and Premier has 25% of the stake.

Tim Duncan began Talos Energy after he split off from a previous company. He started with a stake in Mexico, $600 million, and a loyal workforce of 120. Tim Duncan has worked hard to get Talos recognized as a place worth working at. He has done this by allowing employees to get a piece of equity in the business. By doing this, he increases loyalty and accountability since if the business does well, they do well. Duncan is not against work day cares and Friday happy hours but they are just surface slush that does not produce any real change. Duncans’ efforts paid off when WorkplaceDynamics chose Talos Energy as this year’s best small business to work for. By placing something tangible and realistic in their hands, the employee will work harder to grow the wealth he has. To know more about Talos Energy click here.

Talos Energy will continue to grow in the future not that it has acquired Heliz Energy Solutions. This sent the company back $620 million, but it has already begun to pay itself off. Talos is already looking for another acquisition to keep the momentum. Their revenue is looking to be around $475 million.

https://www.crunchbase.com/organization/talos-energy

Talos Energy Drills into the Emerging Oil Market in Mexico

In an attempt to diversify and privatize the energy markets, Mexico has opened up the oil drilling arena to foreign private companies. Three companies: Premier Oil, Talos Energy, and Sierra Oil and Gas have joined forces to drill a privately-owned oil well on the Mexican shoreline. This is the first oil well operated by a company other than the state-controlled Petroleous Mexicanos. Mexico’s decision to introduce private competition into the oil exploration market will provide a needed boost to the contry’s oil industry. Additional foreign investors will be watching the progress of this venture closely. Additional privatized oil discovery wells could easily be introduced by other foreign companies if the initial well investment proves successful.

A Golden Opportunity for Talos Energy

Tim Duncan, of Talos Energy said,“We believe this discovery represents exactly what the energy reforms intended to deliver: new capital, new participants and a spirit of ingenuity that leads to local jobs and government revenues for Mexico. We are eager to begin appraising this discovery and drilling more unique opportunities. The future is bright for offshore Mexico for years to come.” during a public announcement regarding the discovery of oil on their recently built drilling rig.

Talos Energy is a Houston,TX based company that is hoping to take advantage of this great opportunity on the Mexican shoreline. Talos Energy has been named the best local small business for their workplace environment as given by Workplace Dynamics. Tim Duncan the CEO of Talos Energy has structured the company to operate equally from all aspects of operations. Duncan has given all employees part of the equity, creating an atmosphere where all employees take ownership for each decision the company makes. Duncan has taken the entrepreneurial-style company and given each employee a responsibility and pride in their contribution to the success of Talos Energy.

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Talos Energy is Helping Lead the Way for Oil Reform in Mexico

Though it took almost 80 years, Mexico is finally letting foreign competitors back in its energy markets. On May 21, 2017 three oil companies from different parts of the world, Houston’s Talos Energy LLC, London-based Premier Oil Plc and Mexico’s Sierra Oil & Gas, began drilling a new offshore oil well in Mexican waters.

1938 was the year when Mexico decided to nationalized its oil industry. Since then there has only been one company, Petroleos Mexicanos, a state-run monopoly, that has done any offshore exploration in those waters.

According to a statement released by Premier, there is expected to be up to 500 million barrels of crude in the Zama-1 well. The good news is drilling will only take about 90 days and will cost Premier less than $20 million to complete.

Elaine Reynolds, an analyst at London-based Edison Investment Research Ltd., said this well is one that will be closely watched by the industry because it is the first non-Pemex well to be drilled since 1938.

Due to the way the Sureste Basin is structured, which is where the Zama-1 well is located, Reynolds believes this project has “a high geological chance of success.”

Talos Energy is the operator of the well and currently owns a 35% stake.

About Talos Energy

Talos Energy is an independent oil and gas company that has a great deal of experience when it comes to offshore exploration and production. They employ a team of experts who know how to use the latest technology to acquire, explore, exploit and optimize shelf and developed deepwater assets in the Gulf of Mexico.

And though the company was formed just 5 years ago, they have already managed to build a very strong track record.

To learn more about Talos Energy and the services they offer visit them online at www.talosenergyllc.com.

Talos Energy Begins Work on the Zama-1 Well in Mexico

Talos Energy is a prominent energy company located in Houston, Texas. The private energy investment company has been making headlines lately for a number of different reasons as they’ve sought to expand their portfolio and leap into new projects and new waters. Well, in 2017 Talos Energy will be joining a pair of other energy companies as they jump into the formerly private offshore waters of Mexico to break ground on a new well, the Zama-1.

For the past 80 years Mexico has been completely closed off to foreign investors when it comes to the realm of offshore oil drilling. The entire industry has been completely nationalized and as a result Mexico has had a monopoly style stranglehold on the entire industry, as is their right. However, a round of voting in 2015 opted to bring private investors back into their waters, for the first time since 1938, in order to work on the next big project — which ended up being the Zama-1.

The Zama-1 well will be drilled deep within the Sureste Basin which is located in the waters outside of the Mexican state, Tabasco. Estimated reports by analysts put the expected yield of the well at somewhere between 100 and 500 million barrels of crude oil. This is quite the hefty haul and leading the charge will be the team at Talos Energy. Talos Energy will be joined by Mexico’s own Sierra Oil& Gas as well as London’s Premier Oil. The split in revenue is not even and Talos Energy will be taking a hulking 35% stake in the business. Charlie sharp, from Canaccord Genuity, offered his input to the new operation by saying it is, “one of the most interesting exploration wells to be drilled in the sector this year.”

Despite being a huge job the expectation is that the well will be completely drilled within 90 days. Talos Energy will be the lead operator. Analysts from Edison Investment Research have verified that the well has a high “geological chance” for being a success. If Talos Energy and co succeed we could see Mexico begin to open up their waters more and more. To know more click here.

Andrew Rolfe and Jacob Lief Pioneer the Ubuntu Model

Running a non profit is much like running a regular company, but there are some key differences. The biggest difference between a non profit and a regular company is that the non profit is beholden to the requests of its benefactors. Andrew Rolfe and Jacob Lief, board member and founder of the Ubuntu Education Fund, know firsthand how a needy benefactor can dramatically alter a non-profit’s mission. This is why Jacob Lief and Andrew Rolfe are pioneering what has become known as the Ubuntu Model. The Ubuntu Model seeks to take more control of a non-profit’s mission without jeopardizing the well being or intention of their benefactors.

 

Jacob Lief summed it up best after speaking at the World Economic Forum. He referenced his work with the Ubuntu Education Fund by saying, “The money was flowing in but we weren’t changing people’s lives.” The reason for this was simple: the Ubuntu Fund was beholden to the special interests of their varied donors. Donors like to know that their money is being used in a specific way and that causes it to be earmarked in order for the donation to be accepted. So despite the Ubuntu Education Fund raising a ton of money, their usage was limited and constrained.

 

Andrew Rolfe and the rest of the board got on mission with Jacob Lief when he decided to shift how they would seek out donations. The Ubuntu Model consists of focusing primarily on high worth donors who are willing to allow the fund more leeway with how the money is spent. Basically, Lief and Andrew Rolfe know that they can’t save and impact lives if they are caught up in red tape and various other restrictions. Imagine money tagged solely for staffing usage just sitting and rotting while the Ubuntu Education Fund needs money for on-site supplies in South Africa. This is a tough place to be in.

 

With the Ubuntu Model now gaining some notoriety there may be potential for more non profits to pursue this course of action. Whether the Ubuntu Model takes off or not is ultimately up to those in charge being willing to take the risk. For the Ubuntu Education Fund, which serves impoverished children in South Africa, the gambit has been well worth it.

Ubuntu Education Fund: Funding Without Strings

Jacob Lief has raised numerous amounts of money to aid in the children fund across the United States. He has also seen a great evil among the people. Those who get more money in the world, use it in adventurous and bad things. On the contrary, the low-income families in the world are suffering in poverty. Jacob Lief was speaking that at the World Economic Forum that was held in Davos. He is also sad that more money is flowing into the rich people’s pockets without changing the lives of most poor people. According to him, this is one of the worst things happening in the modern society.

 

Jacob Lief is the CEO and Founder of the Ubuntu Education Fund in the United States. According to him, he envisions the world where the rich and the poor dine together in a unified form of education. This is the best thing to happen to the lives of the young children in the United States. This foundation has also started funding young children education in Port Elizabeth and other parts of the country. Jacob Lief has also said no to donors whose money come with numerous restrictions. Some of these limitations are happening to affect the incoming capabilities to have business advanced in a manner that depicts the actual nature of sustainability.

 

Ha has now commenced the search to get more funding for the high-net-worth individuals seeking to advertise their educational funds in a manner that depicts the true nature of sustainability. He warns against imposing numerous restrictions on how the money should be spent. For those who want their money to be spent on the sharp children, they must consider that some children lack a good educational foundation to learn. For this reason, they might suffer great loss. While this organization has a small budget, these restrictions will not do well to the foundation. Children out there need that money to make their dreams come true through education. The Ubuntu model has simulated a lot of concern in this organization. Every child in this society is looking for better ways to enhance their interests in a manner that is unparalleled in the society.