Talos Energy Emerges Out Of The Deep

Determination Overcomes Tragedy

After a couple days of impact from Hurricane Harvey, the storm was due to drop another 6 feet of floodwaters on Texas. Tim Duncan assisted his wife, 6 year old son, and two dogs into the FEMA rescue boat. Duncan is the 45 year old CEO of Talos Energy. For four months he had already been working on a $2.5 billion merger of Tlaos Energy with Stone Energy. He was taking a big risk, but it would make his company public without the expenses of holding a public offering. He felt he couldn’t let the flood stop him from finalizing the deal. He took his family to Alabama, and once they were settled in, he flew back to Texas to camp out at his parent’s high and dry home to get his work done. He spent weeks after dinner negotiating the deal from his mother’s dining room. In May when the merger is complete, Talos will replace Stone’s place in the public market with a new ticker: TALO. This move makes Duncan the leader of an oil company with profits of $900 million. The majority of Talo’s assets will be in the Gulf of Mexico. This new company is capable of producing 48,000 barrels of oil per day, and plans to produce much more.

Never Feeling Hopeless

Duncan is an inspiration. He grew up in Egypt, Florida and Texas and sounds like a New Yorker when he speaks. The Hurricane hit at a time Duncan was at the peak of his negotiations with bondholders, money managers, and principal owners of Talos’ equity. The negotiations of the deal were already a challenge without the impact of Harvey. Duncan was able to make the most of a bad situation. This isn’t his first time dealing with a crisis. In 2005 Talo’s biggest asset had about 6 wells with a production platform attached to the seafloor when Hurricane Rita capsized the 13,000 ton platform. Talos was there for cleanup and now uses the location to pump 16,000 barrels daily into a special ship. Duncan’s house in Kingwood Texas was submerged for three days in floodwaters covering the entire first level. It has now been gutted down to the studs. He is facing this challenge in stride as well. He says now he enjoys making a way where everyone else doesn’t believe you can.

To know more visit @ twitter.com/talosenergyllc

Paul Herdsman Shares Important Advice About How His Company Became An International Success

Originally from Kingston, Jamaica, Paul Herdsman did not have any entrepreneurial experience before starting his own business in 2014. NICE Global came from a simple concept– people get very frustrated when talking to automated machines. Herdsman took the initiative to create a business that would address this issue.

It has happened to almost everyone while calling a company it seems impossible to get where you want. Instead, an automated voice incorrectly interprets answers making callers more and more upset as the call progresses. These phone calls can actually result in reduced customer satisfaction. Businesses can suffer from reduced sales and negative word-of-mouth. Find More Information Here.

NICE Global, located in Montego Bay, Jamaica, has created a solution to consumer’s complaints about automated phone answering systems. NICE Global ensures that customers always reach a live employee every call. Company founder Paul Herdsman ensured that his business would succeed through hard work, dedication, and innovative strategies. Herdsman recently shared some of his best advice that has led to NICE Global’s success in his article 12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman.

 

Some of them are listed below:

  • Businesses should solve a problem
  • Create an inviting company culture
  • Invest in employees through adequate training
  • Offer employee rewards for hard work
  • Carefully choose new employees

 

Herdsman has followed his own advice thoroughly; his company offers a solution to a problem many organizations have. Paul Herdsman has also strived to make his employees happier and more productive through efforts to ensure that each employee has all of the training necessary to succeed in their position. He also knows the power of employee retention which he is why has an amiable work culture and employee rewards. Finally, Paul Herdsman instituted an employee referral system as a way to find new employees. These efforts have led to an internationally successful company under his leadership with a bright future.

 

See also: https://www.mylife.com/paul-herdsman/e367723386078