Talos Energy: Small Company Makes Big Strides

Due to the huge oil reform movement in Mexico, foreign competitor will now be allowed back into Mexican waters. In the first bidding for companies to work on the Zama-1 exploration, Houston’s Talos Energy and London’s Premier Oil came out on top. They will be working with Mexico’s Sierra Oil and Gas as they venture off the state of Tabasco and into the Sureste Basin. This is the first time in 1938 that the Petroleos Mexicanos, a state run monopoly, has not controlled the market. This is a huge step for everyone involved and this exploration is expected to have a hugely beneficial effect on Mexico’s failing oil industry.

The Zama-1 well is estimate to hold anywhere from 100 million to 500 million barrels of crude oil according to Premier Oil. It will cost Premier around 16 million dollars for the entire operation. Talos Energy is the operator of the well and it will take them just under three months to complete the project. Based on the location and structure of the well, Zama-1 is expected to be an extremely successful exploration and yield great results. Many people are eagerly watching the proceeds of the Zama-1 exploration since it is expected to have such a beneficial effect on the Mexican oil market. An analyst for Edison Investment Research suggests that the Zama-1 well has a good geological chance of success due to its ideal positioning.

Talos Energy is based in Houston and is a private upstream gas and oil company. They are mainly focused on the exploitation of oil properties as well as the exploration of new territories that have potential success for future expeditions. They are mostly interested in the areas in the Gulf of Mexico and the lower Gulf Coast. They are backed by several companies and continue to make big strides for such a relatively young and small company.

Talos Energy acquired Helix’s subsidiary Energy Resource Technology GOM in 2013 after their success of finding over 100 feet of net oil in the Wang exploration. Energy Resource Technology GOM is expected to bring a large stream of income and oil properties to the company.

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James Dondero and Highland Capital Reach Cooperation Agreement with RAIT Financial Trust

At long last, an agreement has been reached between Highland Capital Management and RAIT Financial Trust. The former, helmed by portfolio manager James Dondero, released information about its holdings in the company to the Securities and Exchange Commission in November of 2016. In the time since, attempts have been made to adjust the membership of RAIT’s Board of Trustees. In May 2017, Highland Capital and RAIT reached a cooperation agreement whereby Highland Capital and its affiliates will vote shares in support of RAIT’s recommended slate of trustees at its annual meeting. Following the vote at that meeting, RAIT will appoint one of two candidates that have been recommended by Highland Capital.

Without question, the situation involving RAIT and Highland Capital is complex. It is a lot easier to make sense of things when you have a decent understanding of the key players. In particular, attention should be paid to James Dondero, the co-founder and president of Highland Capital. The innovative portfolio manager has more than 30 years of experience in the equity and credit markets. Throughout his career, he has demonstrated again and again his ability to effectively manage and strategize. The recent cooperation agreement between his firm and RAIT is just the latest example.The first thing to understand is that in November, Highland Capital reported its holdings with RAIT to the SEC. According to the filing, Highland Capital owned 5,282,377 shares, which is equivalent to 5.9 percent. James Dondero and Highland Capital understandably wanted more representation on the Board of Trustees, and that is when the back-and-forth began. In the end, two candidates who have been recommended by Highland Capital will join the board. One will join right after the matter is voted on, and the other will within 120 days of the agreement being reached.

How has James Dondero been able to navigate his firm through so many complicated situations? It is easier to understand when you are familiar with his history. A native of Hoboken, New Jersey, James Dondero attended the University of Virginia’s McIntire School of Commerce. He graduated from the school with high honors in 1984 with dual majors in accounting and finance. Directly out of college, he worked as an analyst on the Morgan Guaranty training program. In 1985, he began his role as a corporate bond analyst for American Express. He remained with American Express until 1989.In 1990, James Dondero and his partner Mark Okada became involved with a joint venture with Protective Life Insurance Corporation. This venture initially became Protective Asset Management Company, or PAMCO. It remained partly owned by Protective Life for a few years. In 1997, Okada and Dondero bought out the company’s stake. The following year, Highland Capital Management became official. The company became a successful, independently owned alternative investment management firm. In 2014, it had approximately $18.7 billion in assets under management. James Dondero lives in Texas because Highland Capital is headquartered in Dallas. The firm also has offices in New York City, Seoul, Sao Paolo and Singapore.

Highland Capital is now one of the largest and most experienced worldwide alternative credit managing firms in the world. It employs more than 180 people and specializes in complex debt deals, emerging trends and turnarounds. James Dondero and Highland Capital were instrumental in the early days of the collateral loan obligation, or CLO, market. Meanwhile, RAIT Financial Trust is a real estate investment trust, or REIT, that provides direct lending to owners of commercial real estate through a full-service lending platform. It makes sense that Highland Capital and James Dondero are interested in this particular REIT, and it will be interesting to see how the collaboration unfolds.The collaboration agreement between RAIT, Highland Capital Management and James Dondero is just the latest in a long line of successes not only for Highland Capital but for Dondero as well. While handling business for Highland Capital consumes much of Dondero’s time, he is also actively involved in many other funds and organizations. He is on the Boards of Directors of MGM Studios and American Banknote, and he serves as Chairman of the Board of Cornerstone Healthcare, NexBank and CCS Medical Corporation. With so much experience in this arena, he should have no trouble navigating things with RAIT. Learn More.

Doug Levitt Shares His Thirteen Years of Travelling in Greyhound busses in His New Book

Not everyone had correctly predicted the election of the newest U.S. President Donald Trump, as most people thought that Hillary Clinton would win the 2016 elections and would be the next president of the nation. However, one of the things that Doug Levitt learned during his thirteen years traveling through the United States, more than 120,000 miles, is that there is a lot of alienation in the country that people is not aware of. He predicted correctly who would be the next nation leader in the white house, and, he is considered, probably correctly, to be the man alive with the broadest and most extensive knowledge of the American society and its culture.

Traveling through all these years in Greyhound buses is amazing. Levitt’s been doing this for Doug’s newest research, and to develop a book he calls the Greyhound Diaries. Through his constant traveling and meeting new cultures around the nation, most of which most Americans aren’t even aware that exists, is something that is really amazing if considering the amount of work that Doug Levitt has put into the development of his book.Everyone is keen to read the pages of that research, stated an American interviewed about Doug Levitt and his Greyhound Diaries.

For those who are not aware of the reasons behind the 13-year study that Doug Levitt is conducting, it goes way beyond the urge to get to know the United States as a whole. According to the author himself, when you use these Greyhound busses, you are using them because you cannot afford a better option. That had opened his eyes when he began to use these public transportation systems. He met all kinds of people, and learned more in these thirty years about the average population of this country than he had during his entire life. According to Levitt, it is not an art anymore, but a way of life that he adopted for himself.Among the unusual people that he met during his years traveling in public transportation of the Greyhound kind, he met a neo-Nazi, or at least, a former one. Being a jew, Doug Levitt admitted that he was very scared of the encounter, but the man was actually a fine person.Stay tuned for Levitt’s Greyhound Diaries release.

Fabletics Using Efficient Strategies For Success

Fabletics as we all know is being handled by the talented Kate Hudson. She is the one person who is successfully guiding this brand to the next level and helping them make Fabletics a success. Activewear is always needed, and Hudson wanted to give a women a solace for when they look for things that match their lives. Fabletics is by far one of the best brands out there because of what they can offer women. Now women of any size can find an outfit for working out that can fit them since Fabletics brings the best designs for people of almost any size.

 

Fabletics is trying to take their work to the next level. They even have some incredible people who work for the company. Kate Hudson is the co-creator, and she recently brought in Demi Lovato to create a great campaign for young girls to stay fit and active and remain confident in themselves. Demi is very much for girls empowerment, and this is the way to do it. Fabletics is proud to have somebody like Hudson bring together the brand because of who she is and what she stands for. The company plans on opening several stores in person, and Hudson loves the idea because it will give women the chance to try on different activewear without any struggle. You can try on the clothes all day long and just choose what you want to buy online if you want to. It’s by far one of the easiest things you could ever do if you want to shop easily and get access to it all right now.

 

Fabletics remains to be one of the best companies because of how well Hudson is taking over the brand. In a way, Kate Hudson handles countless aspects about the brand in her own little way. The thing she does the most is focus primarily on handling differnet areas whenever she can. She isn’t always in the offices, but she for sure does her best to help around. She looks at data, researches the different things they can do as a business, and she strives to come up with solutions. Fabletics loves to provide their talent with everything they could ever want so they have an easy time shopping for the best activewear that they can find. Fabletics already has thousands of people using it every month, so now it’s your turn to join.

The U.S. Money Reserve: Dealing in Precious Metals Since 2001

The U.S. Money Reserve is the only gold company in the world and deals in gold, silver, and platinum. These are primarily in the form of gold and silver coins, but they do offer gold and silver bars as well. It is currently making its website more user-friendly to be able to reach more people. The U.S. Money Reserve was founded in 2001 and has grown since then into a global force. It is based out of Austin, Texas and the head of the company is Mint Director Philip Diehl.

The U.S. Money Reserve announced that its new website will be the face of the company with more user-friendly with an easier to understand format. There is also a coin gallery so consumers can see what the U.S. Money Reserve deals in. This new website is trying to educate people on the importance of buying and owning government-issues coins and bullion, as well as making the experience of buying precious metals with gold coins a pleasurable one.

The new website also has a Knowledge Center where customers can go to learn about gold and gold bullion. They are able to sign up for a free Gold Information Kit and visit the Knowledge Center to get information on precious metals and also the terminology that comes with purchasing, grading, and coin minting.

The new website boasts a tool that allows the U.S. Money Reserve to show quality content across different platforms, make it easier to contact and interact with clients, and offer precious metals for sale in an innovative online store. There is also live pricing options on gold and silver to ensure the customers get the best price of gold and silver. The site offers one-on-one private consultations, special releases that can only be found offline, and secure transactions with a BuyBack Guarantee so there is no loss to the customer.

The U.S. Money Reserve has a few different ways that customers or potential customers can get in contact with them. You can sign up through email, through Facebook or Twitter, call the toll free numbers, have them call you by filling out a short form, or mailing any questions or concerns to their mailing address. They are available 24 hours a day, 7 days a week and are looking forward to doing business with you.