Talos Energy Thriving in Crisis
Towards the end of last year, a tragedy happened in the form of hurricane Harvey. The hurricane that lasted about a fortnight is quite well remembered by Americans especially those of Kingwood, Texas the residence of Tim Duncan. Tim Duncan is the Chief Executive of Talos Energy, a private energy company. For Tim Duncan, the hurricane had come at a very wrong time as he was in the middle of merger negotiations with Stone energy.
Privy to this and being a family man, Tim Duncan, would seek help to have his wife and kids to be flown to Alabama for safety. He would later return to Huston, Texas at his parent’s place to get the deal done. Within him oozed determination and deal to complete the merger that would pull Stone bank out of the bankruptcy that faced it and the Talos would be a publicly traded energy company.
As of early this month, the merger was completed, and according to Tim Duncan, the merger happened in his mother’s dining room. The consolidation that ensued Talos oil control two-thirds of the company and Stone Energy control a third of the company. The new company Talos oil will be highly involved with exploration in deep waters which possess a risk of the spillage, but most important is the risk involving the Mexican waters.
According to Tim Duncan, the future of Talos energy is promising. The potential is massive, and all it will take will be taking up the opportunity. Tim Duncan has always taken up crisis and transformed them into opportunity. Harvey though was different, and it brought the most substantial bit of Tim Duncan, his strength. Reminded him that all he ever wants is to build something folks will feel there is no more building left. To know more about the company click here.
Not every Tom Dick and Harry survive in times of crisis. It takes a strong will and relentless focus and passion. Tim Duncan thrived during hurricane Harvey where he rose to probably close the best deal; the merger between Talos energy and Stone energy. A crisis may break the weak, but for the strong-willed, it is showtime and the best chance to thrive.