Of all the people, how in the world would Talos Energy CEO Tim Duncan ever ride on a FEMA rescue boat? Many people are asking this question. But in a world full of dynamics, anything can happen. That is how Talos Energy founder Tim Duncan, his wife Christy, their 6-year-old son together with their two dogs ended up in the FEMA rescue boat. They are grateful that the boat came because shortly before the boat arrived, Duncan hoisted his wife, kid, and their 2 dogs as he waded through the flooded from the door of their house in King wood, Texas. The house and the streets were filled with water that was brought by the stormy Hurricane Harvey.
Shortly after boarding the boat, Duncan called for a private jet that took them to Alabama where they stayed for a few days. They did not stay in Alabama for long because of what Tim was thinking of a few months before the hurricane. Stone Energy Corporation was on the verge of its closure and it seemed there was nothing the company could do to reclaim itself. At this point, the Talos CEO convinced that the $2.5 billion acquisition is what he was dreaming to have. Although he never thought in his life that he would buy a company that is about to shut down, this was an opportunity that he would not let go. This is what he was thinking about four months before Hurricane Harvey hit Boston.
Returns From Alabama, Joins Mom
After staying in Alabama for a few days awaiting the effects of the storm to cool off, Tim heard that his mother’s housed in King wood, TX is in good shape. He decided to move back to his family. Tim and all that went to Alabama flew back home. They settled in his mother’s house. Each evening Tim would make long calls that were aimed at finalizing the deal between Talos Energy and Stone Energy. Finally, before the three left for their house, Talos had merged with Stone. Tim Duncan became the official Chief Executive Officer of the rebranded Talo Energy. This company is based in the Gulf of Mexico where Tim argues is very conducive for most of the company’s assets. With the new acquisition, Talo Energy collects $900 million a year.
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