Talos Energy on New Drilling Projects

In the recent past, there has been increased competition in the drilling industry and low prices of oil that make it quite challenging for companies to improve their production capacity. Most people believe that there are adequate oil reserves that can lead to the production of billions of barrels. This is a belief that attracts thousands of contractors in the oil drilling industry. PEMEX, which mainly operates in Mexico has discovered oil reserves in the coast of the country near the Sureste Basin.The Zama-1 well is estimated to make a massive recovery of up to 400-800MMbbl oil volume and can extend up to the area operated by PEMEX. Due to such significant discoveries, there is need to derive best valuations and finding the most effective strategies for operating at PEMEX.

Numerous distinguished drilling companies are much interested in the project to ensure that it becomes a success. The companies have to partner as soon as possible before the drilling project starts in 2019 or by the end of this year.Talos Energy and Premier Oil are among the companies that are interested the drilling project. To increase efficiency in appraisal planning, other vendors have already submitted engineering designs. The partners of Premier Oil are currently studying the feasibility of the projects to find out which one should start. It is worth noting that Premier is interested in the coast of Brazil because it had made the best prospects in the area.A plan has already been prepared to start the drilling campaign which is set to begin before the year 2020.

Premier has established a strong partnership with Petronas near the Atlantic Ocean along the coast of Mauritania. Unfortunately, the production was shut down. As a result, a drill ship is set on a mission to suspend the oil production on a temporary basis. The production will be permanently suspended if the government approves the abandonment of the field.Based on the current economic conditions, companies need to be highly competitive. Exploration of offshore energy is quite competitive thus requiring firms to be quite aggressive. Timely delivery of findings and provision of accurate data about the value of oil reserves should also be given. This is among the reasons as to why companies should strive to offer the best results.

Jim Tananbaum Journey to Become the Ceo of Foresite Capital

Jim Tananbaum is the current, a healthcare private equity firm. Jim is also a founding member of GelTex Pharmaceuticals and Theravance, Inc. which are some of the frontrunners in the biopharmaceutical industry. He draws his investment experience from his founding role in the Prospect Venture Partners II and III and his partnership with the Sierra Ventures at the beginning of his career.

Various investments some of which include Amira Pharmaceuticals, Amerigroup, Healtheon and Jazz Pharmaceuticals have had a taste of Jim Tananbaum’s leadership. He architected Foresite Capital in 2011 as a way of bringing together all the aspects of his career with the aim of creating a new investment platform. This company has been in the forefront in identifying the upcoming healthcare leaders and then helping them to mature to profitability by availing to them capital, information, and networks.

According to INC42, the educational background of Jim Tananbaum is also a rich one and his success in the field of investment can be attributed to this. He was a math and computer science/electric engineering major at Yale. He has an M.B.A from Harvard and an M.S from Massachusetts Institute of Technology. Jim hopes to bring in great change and foster growth by championing insights in science and learning.

Jim Tananbaum and his professional life

The industry experience of Jim Tananbaum is well over 25 years. He commenced his career by being part of Sierra Ventures and Prospect Venture Partners II and III. Some of his major investments include Healtheon, Jazz Pharmaceuticals, Amerigroup and Amira Pharmaceuticals. He holds MD from Harvard Medical School, BS, and B.S.E.E. both from Yale University, MBA from Harvard Business School and MS from MIT.

According to Biz Journals, currently, he holds the position of a CEO at Foresite Capital, a company that he is also the founder. Since it was founded in 2011, Foresite has been steadfast in identifying the upcoming health care leaders and nurturing them to profitability by supplying them with the capital, networks as well as information. In other fields, Dr. Tananbaum has also been part of the advisory board to the Harvard-MIT HST program as well Yale School of Engineering.

See more: https://www.linkedin.com/in/jim-tananbaum-a7562a7/

Igor Cornelsen: A legacy in Investment

Igor Cornelsen is a force to reckon within the investment sector and one of the best brains when it comes to the economy. He is mainly affiliated with Bainbridge Incorporated as its proprietor where he is involved mainly as a stock market analyst and investor in foreign markets and commodities. His job description at Bainbridge touts him as an adviser on damaged stocks and how one can go about diversifying them and also companies that are damaged, maybe because of reputation and how this affects their stock.

Mr. Igor Cornelsen has served as a top executive at a number of large banks in Brazil and has been credited as one of the people responsible for Brazil’s economic growth.(It is the largest in South America and eighth in the world). The banking industry was shocked as a whole when he announced his retirement in 2010. This was considered as a loss to the sector because of Igor’s brilliance and expertise.

He has appeared in many publications online dishing out investing advice and giving his opinion on the economy of Brazil. From the likes of CNN and Street.com to PRNewswire and Mashable, he has been consulted on matters relating to Brazil and the economy as a whole.
Igor resides in Florida currently after moving there mainly to pursue his interest in golf(The weather in Florida is very good for this). Even though he is retired, he continues to offer advice and insight through his WordPress blog, which can be found here.

Mr. Igor Cornelsen has some investment policies that one can gather from his writings and the advice that he gives out. This includes saving as a young investor or while one is still a young person since research has revealed that more than 50% of young people have not saved anything. Igor, whose trademark is portfolio diversification, tells hopeful investors to follow his lead and diversify their portfolios early so that they can be safe in case one investment goes wrong. His policy is that one should have a mixture of safe and risky investments in their portfolio.

Mr. Cornelsen has also given advice to prospective investors in Brazil on what they should look for and consider before making their decisions. He has warned that the state of China will largely determine the state of Brazil’s economy since China is the biggest importer of Brazilian materials. Coupled with the fact that China is in a sort of a fix at the moment, it could mean that Brazil’s economy could take a hit. The overvaluation of the real could also contribute to this as it stabilizes to its real value.