Tim Duncan And Talos Take Maverick Approach To Oil And Gas Industry

Tim Duncan, the founder and chief executive officer of Talos Energy, has built a reputation for going against the conventional wisdom of industry experts to better the position of his company. This trait from Duncan was on full display recently when he successfully orchestrated a $2.5 billion merger between Talos and Stone Energy. Many industry insiders considered the move on the part of Duncan to be an overreach as Stone Energy, which was a company nearly as large as Talos, had recently filed for bankruptcy. But what interested Duncan about Stone energy the most was that the company’s status as a publicly traded company would provide Talos with the opportunity to go public without encumbering the expenses associated with a public offering.

The move was completed despite Tim Duncan and his family having to deal with the devastating effects of Hurricane Harvey during the last stages of the negotiations. Talos Energy obtain the public status it coveted and Duncan is now in command of a company that totals $900 million in annual revenue. Tim Duncan grew up in the small town of Egypt, Texas and all that know him agree that his high-energy style and penchant for rapid speech seems more fitting of a Manhattan attorney. Duncan began his career in the oil industry back in 1996 when he scored a position with Zilkha Energy.

This position allowed him an up-close view as Selim Zilkha used his foresight into the technological advances that would provide geologists with an increased ability to look into rocks laden with oil as far as six feet underground to build his company to the point he was able to sell it for $1.2 billion in 1997. The lessons of charting one’s own course and using innovative methods to beat competitors to the finish line that were learned while working at Zilkha were not lost on Tim Duncan and he has used these developed traits to quiet the mouth of naysayers time and time again throughout his career.

About Talos Energy

Talos Energy was founded by Tim Duncan in 2012 and is an independent oil and gas company that concentrates its efforts on the development of deepwater assets located in the Gulf Region.

Madison Street Capital Receives the 16th Annual M&A Advisor Award

On 13th November 2017, Madison Street Capital received one of the most prestigious awards. Madison Street Capital claimed the 16th Annual M&A Advisor Award because of its Debt Financial Deal of the Year. The deal involved a rewarding transaction in which Madison Street Capital took part in advising WLR Automotive. The reputable firm received the award at a ceremonial event held at Metropolitan Club in New York City.

 

Top dealmakers, M&A transactions, and successful organizations have been receiving respected awards since 2002 from M&A Advisor. Out of 650 companies that participated in the awards content, only Madison Street Capital became victorious. According to the President and CEO of M&A Advisor, David Fergusson, Madison Street Capital received the 16th Annual M&A Advisor Award because it portrayed professionalism in executing its duties. Fergusson also stated that Madison Street Capital has impressive staff members who helped the team to win the award in 2017.

 

Unlike other participating companies, Madison Street Capital reputation was impressive in 2017. It is a well-known international agency that deals with corporate financial advice, banking, leadership and other services. It executes its duties with excellence, integrity, and high levels of professionalism. Both private and public companies receive a professional financial advice from the organization.

 

Besides, the firm utilizes the available opportunities to respond to the needs of the clients. Therefore, young investors and business moguls benefit from the innovative strategies of the company that result in sealing of amazing corporate finance deals. Small businesses should not worry since Madison Street Capital has an experienced team that provides long-lasting financial solutions to buyers, sellers, and other key participants in the banking industry.

 

For many years, Madison Street Capital has been providing excellent services in corporate governance and corporate finance that has helped companies in numerous fields achieve their objectives. Additionally, the company offers services to local businesses in the world and has offices in some African states, Asia, and North America. Other services provided by the company include:

  • Valuation of businesses,
  • Asset management,
  • Tax planning,
  • Preservation of wealth,
  • Valuation for financial reporting,
  • Financial opinions.

 

Barry Petersen, Madison Street Capital’s Senior Managing Director, stated that the organization was honored to receive an M&A Advisor Award. Madison Street Capital aims to achieve more in the future by focusing on its mission and goals. In addition, the company plans to collaborate with more organizations in the world to enhance professional financial and advisory services. Learn more: https://pitchengine.com/madison_street_capital