Financial management is a skill that not all individuals were born with – and for those who had inborn talent with handling their money are also further developed into handling not only their money but also the financial concern of other people. There is a whole industry that revolves around financial management and companies have made good businesses with financial management. One of the most popular services that financial management companies offer their clients, consumers and other companies are through investments. Financial Companies advise their clients and accounts on where to put their money for investments – where to strategically put their money to be able for it to grow – ultimately to be utilized by the company for future ventures. There are a lot of financial companies that offer these services, but one of the best financial companies is Fortress Investment Group. More Business News at businesswire.com
Fortress Investment Group is a company that is a platform of financial management mainly focused on utilizing its direct-lending fund to be able to boost the interest of the investors in their company via a private credit effort. Fortress Investment Group also ventures into different platforms of investments and recently it has also ventured into investing in intellectual properties that handles their transactions concerning real-estate debts, aircraft leases and asset debts.
Fortress Investment Group also ventures into open-end asset fund related financial concerns. Open-end asset funds are funds that are not bound by restrictions on the number of shares that it can transact for bonds and / or stocks. Open-end assets exist for the sole purpose of making transactions easier for clients and companies. This company, on its recent announcement, that the experts that they are working with in their company are saying that open-end asset funds represent a part of the market that is not as regulated – and this has raised concern and awareness about the fluctuation of interests. Open-end assets also concern other lenders because of the fluctuations of value of open-end asset funds.
Fortress Investment Group, backed by SoftBank, is an expert in their own industry and they have proved themselves as a reliable and consistent financial management company through the years.
In a move that is bound to cement Talos Energy’s position as one of the leading oil exploration and mining company in North America, the company’s senior executive announced that they are considering partnering with Pemex. The partnership that will also include Sierra Oil and Premier Oil which are part of Talos Energy-led oil exploration consortium will likely come into effect in 2019. The collaboration with the Mexican governed oil company has been necessitated by the increased possibilities that oil reserves that the consortium discovered during the Zama project located in the Gulf of Mexico’s shallow waters may extend into blocks allocated to Pemex. The two parties hope to thrash out the details of the final details of the partnership by the end of 2018.
The announcement was made by Tim Duncan, the CEO of Talos Energy during an interview in early October 2016. He noted that the final discussions on the partnership would determine the company’s investment decision. During the meeting, the Talos-led consortium will share their exploration data with Pemex. An alliance with Pemex will bode well for Talos Energy since they stand to benefit from Mexico’s incoming president plan to increase investment in Pemex. Mr. Tim Duncan met with the incoming president and was reassured of the government’s support of the country’s oil industry especially Pemex. The consortium, which brings together oil exploration companies from England and Mexico, won a contract to carry out oil exploration in the Gulf Mexico. The joined operations hit the jackpot when they discovered a huge oil deposit that is estimated to hold close to 3 billion barrels of oil in crude oil and recoverable reserves.
Talos Energy’s Meteoric Rise in the Oil Industry
Founded in 2012 by a group of experienced geology and oil experts including the company’s current CEO and president Tim Duncan, Talos Energy has grown into one of the leading oil explorers and producers in North America through strategic acquisitions and investment in innovative technologies. Headquartered in Houston, Texas, the company established a significant operational footprint in the Gulf of Mexico and the Gulf Coast using some of the latest technologies to explore, exploit and produce oil and its related products.
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