Talos Energy Partnering with a Consortium of Oil and Gas Companies to Explore the Mexican Gulf

Talos energy together with a syndicate of companies that have interests in the oil and gas are looking forward to partnering with Pemex which is a Mexican state-owned energy firm. The joint partnership is geared towards developing a potentially lucrative oil and gas discovery that will be accompanied with more drilling.
Talos previous projects in the southern Gulf of Mexico ware a success. The Zama project struck a significant oil deposit that is estimated to hold close to 2 billion barrels of oil. Besides, the Zama well holds close to 1 billion barrels of oil in recoverable reserves.
The discovery will be of great significance to Pemex which is planning to drill its well by the end of the year including confirming its share.
During an interview Talos Energy CEO Mr. Tim Duncan said that the firm is looking forward to analyzing the data for the venture. The data results will then inform the company how quickly it can form the partnership as well as making its final investment decision. Tim added that the groups of companies that are involved in the joint venture include Talos Energy, Britain based premier Oil, and the Mexican Siera Oil and Gas. All the three firms will share its data with Pemex and are all hoping that by the end of the following year the project negotiations will have been finalized.
Duncan in a bid to strengthen business ties with the Mexican government visited the President-elect Andres Manuel Lopez Obrador who promised to help strengthen Pemex once he assumes office in December. The president-elect went ahead to emphasize the country’s need of operators like Talos who will assist in the production of more barrels of oil.
Mexico’s oil regulator in September of this year approved the appraisal plan for the Zama project that is estimated to cost Talos a whopping 325 million dollars worth of investment in drilling and conducting research.
About Talos Energy
Talos Energy is a private for-profit oil and gas Exploration Company that focuses its operations in the Mexican Gulf and the Gulf Coast. The Houston Texas-based company was founded way back in 2012.

His Facebook page

Nick Vertucci: Real Estate Investor With Inspiring Book

Nick Vertucci is a successful real estate investor who understands that the world of business can have numerous ups and downs. He was born into a poor family. Things became even more difficult when his father died, putting even more financial hardships on his family. When he turned eighteen, he started his own computer business, which started off profitable and he made a lot of money initially. His business would end up taking a turn for the worse after the stock market crash of 2000 at the very height of the dot.com bubble. Nick Vertucci lost his business and his financial problems started to mount. He accumulated millions in debt and ended up losing his home. Although down on his luck, he took a chance and enrolled in a real estate school. He would end up having an enviable career as a real estate investor. Nick Vertucci even started his own real estate academy to pass on what made him successful in the real estate space.

To encourage others to emulate his success, Nick Vertucci wrote a motivational book titled “Seven Figure Decisions: Having the Balls to Succeed”. The book depicts the struggles that he had to overcome and shows the steps that built the groundwork for the changes he made that helped him to get to be financially independent and building a long-lasting business. The book militates how he had managed to move up in life financially with his computer business only to fall back down as the business ended up failing. He wrote about how he had been suffering from major depression during this stage of his life until he met someone who would mentor him and help him to change his thinking. After he formed a new mental attitude he was able to turn his life around and became a successful real estate investor.