The recent merger between Stone Energy Corporation and Talos Energy LLC has come together to form a new Gulf of Mexico based oil and gas producer now operating under the name of Talos Energy Inc. This merger has allowed the new company to immediately go public due to the fact that Stone Energy Corporation was already the owner of a public listing which the new entity has been able to absorb. In the lead up to this major business merger, both companies report that they had made significant discoveries within the Gulf of Mexico region. Talos also made a huge announcement when it was made known that the company struck oil in Zama 1 field which is located in the shallow waters off of Mexico.
This is a placeholder account for Talos Energy LLC in Houston, Texas. Questions about the company should be directed to 713-328-3000.
— talosenergy (@talosenergyllc) February 12, 2013
With the major involvement that Talos Energy has committed to the Gulf of Mexico region, the company is now working hard the develop this area in a responsible way. Company officials are committed to doing this in an intuitive manner. One of the factors that are currently acting in favor of the efforts that Talos Energy has been making is the fact that Mexico underwent massive reforms in its energy regulations during the 2014 calendar year. Mexico now has a nationalized oil market but it is one with a uniquely twenty-first-century spin on it that is paying off big for companies like Talos Energy.
Talos Energy became one of the first American oil companies to garner a contract into the Mexican sphere of influence regarding exploratory drilling. This was in 2015 and Talos Energy was awarded two of the fourteen available blocks that were being offered up for lease by the Mexican energy authority. 2017 was another landmark year as Talos Energy became the first private oil firm to drill a well offshore in Mexican territory. The Houston, Texas-based Talos Energy has demonstrated the benefit of the new approach that Mexico is taking in terms of energy regulation. Talos Energy President and Founder Tim Duncan has been very proud of the numerous accomplishments that his firm has enjoyed over the last handful of years.
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