Talos Energy is a company that deals with oil and gas. The company assets both on land and in the deep sea that they explore, exploit and optimize. Talos Energy was founded in 2012 by Timothy Duncan who is still the Chief Executive Officer as of now and based its headquarters in Houston, Texas. Timothy Duncan works hand in hand with Stephen e. Heitzman, Michael Harding, John Parker to make the company a success. As of this year, Talos Energy has started to trade in stock exchange. This is after closing its merger with Stone Energy Corporation. The merging took place last year November after a sitting with both company’s board members.
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
The company was thus named to Talos Energy Inc. the terms of the merger were that 63 percent of Talos Energy Inc. would belong to the owners of Talos Energy and 37 percent would go to the owners of Stone Energy. Talos Energy Inc. thus having a market capitalization of $1.9 billion and the enterprise value of about $2.5 billion. It has taken the name TALO in the New York Stock Exchange. After closing the company is expected to provide its financial and operational guidance soon.
Talos Energy is also moving from its one Allen center to a three Allen center. As stated by the company senior vice president, the shift from one building to another is a sign that the company is a sign of the company’s plan to expand. Space the company now occupies is 98,000 square foot in terms of space. After Talo’s occupying the three Allen building, the space left in it is 6 percent.
Since June 2016, Brookfield has been planning on having a $48.5 million renovation of the Allen Center. By October, the company had set up a lawn space that could facilitate about 1500 people. Renovations were also made to Allen center one where they replaced the old lobby with a new one that has a glass wall with artwork decorations done by Tokujin Yoshioka.
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