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Talos Energy Hits Pay Dirt In Mexico

It’s been roughly 80 years since a private company has sunk exploratory wells in Mexican waters. This is mainly due to Mexico naturalizing oil sector back in 1938. Since then all oil drilling operations have been controlled by the state-run monopoly, Petroleos Mexicanos [Pemex]. An easement like this is clearly a sign that the Mexican government may be opening its energy markets up to foreign investments.

In 2015, three oil companies won the drilling rights in the first round of bidding: Mexico’s Sierra Oil & Gas, and the joint venture partnership of Houston’s Talos Energy LLC and London-based Premier Oil Plc. The trio of companies began drilling on May 21 with Talos as the operator of the well with a 35% stake in deal, Sierra with a 40% stake, and Premier with 25%.

Talos Energy, a closely held corporation, was voted best workplace among local small businesses by WorkplaceDynamics. The President and CEO of Talos, Timothy S. Duncan, believes that ownership is an effective method for engaging his workforce. That’s why he puts a piece of equity in the hands of the geoscientists, receptionists, and all the employees at its Houston office.

Being a small private equity allows Talos the ability to focus more on innovation than bigger public firms which are mainly dialed in on growth. Talos’ eye is still on the ball as far as maximizing returns; however, they have a team culture that promotes employee participation to cultivate improvements on safety, productivity, and profitability.

As for the drilling site, the area of interest is located in the Sureste Basin off the state of Tabasco called Zama-1. Supposedly, Zama-1 holds approximately 100 million to 500 million barrels of crude. Premier believes that the drilling exploration will take up to 90 days to execute costing London-based oil company $16 million.

An analyst at Canaccord Genuity Ltd by the name of Charlie Sharp, chimed in by saying, “Zama is one of the most interesting exploration wells to be drilled in the sector this year” given the implications for the Mexican market.

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José Auriemo Neto, CEO of Leading Brazilian Real Estate Company

The Brazilian real estate industry is growing very fast. In the last decade, the sector has witnessed a lot of changes and has offered numerous investment opportunities to investors. Individuals looking to invest in properties should consider doing so in Brazil. Besides the country’s real estate market being unsaturated, it provides investors with a secure investment opportunity.

Founded in 1972, JHSF is a Sao Paulo-based real estate developer. The company develops and manages commercial and residential properties in Brazil. Besides Brazil, the company has interests in other countries including the U.S. and Uruguay. Some of the properties developed managed by JHSF include luxury hotels and shopping malls. The company has two subsidiaries, Sustainable Telecom and Sustainable Energy, dedicated to offering support to development portfolios.

About José Auriemo Neto

JHSF is headed by José Auriemo Neto. He actively takes part in the company’s development projects. Thanks to José Auriemo Neto’s strategies, the company has grown to become the best in Brazil. José has been in the real estate industry for many years making him very experienced. However, his experience doesn’t make him comfortable. José Auriemo Neto wakes up early in the morning to continue growing JHSF to the right direction. Thanks to his efforts, JHSF built two executive airports in Brazil. JHSF has invested in Shopping Ponta Negra, Iguatemi Shopping complex and much more.

José Auriemo Neto is a graduate of the University of Fundacao Armando Alvares Penteado. He joined JHSF immediately after his studies. Since joining the company in 1993, José Auriemo Neto has led the JHSF into signing countless profitable agreements with various companies. His ability to easily identify opportunities is incomparable. His vision is to see the JHSF continue to succeed and remain at the top. His other company, Parkbem, provides motorists with parking spaces. Parkbem guarantees motorists of maximum security to their cars.

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