Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash-and-stock deal to bolster its presence in the Gulf of Mexico. QuarterNorth is a privately held U.S. Gulf of Mexico exploration and production company with ownership in six major fields. It will receive about 24.8 million shares of Talos's common stock and about $965 million in cash.HOUSTON – Talos Energy Inc. (NYSE: NYSE: TALO), an independent energy company, has completed its acquisition of QuarterNorth Energy Inc., expanding its asset portfolio in the energy sector.With ...The report, released March 8, found that fractured studs resulted in a flowline failure in a Fieldwood Energy-operated deepwater Gulf of Mexico field. Following its emergence from bankruptcy in September 2021, the company now operates as QuarterNorth Energy. The incident occurred on the Katmai Field Well #1 on July 24, 2020. The well is located …QuarterNorth Energy | 2,665 followers on LinkedIn. The Gulf of Mexico is where we work and is the inspiration for our name. 25 degrees north latitude, or "quarter" north, runs directly through the ...Oct 31, 2022 · Offshore oil and gas operator QuarterNorth Energy is shutting down its office in Lafayette, Louisiana, and laying off 135 employees in a move that comes one month after the office was...海洋能源网获悉，Talos Energy股份有限公司宣布签署最终协议，以12.9亿美元收购QuarterNorth Energy股份有限公司。QuarterNorth是美国墨西哥湾的一家私人勘探和生产公司，拥有多个多产的海上油田。QuarterNorth的资产将通过优质深水资产提供额外的规模，这些资产具有有利的基数递减曲线，以及有吸引力的 ...Sep 19, 2022 · QuarterNorth Energy is exploring a potential sale which could value the oil and gas producer in the deepwater U.S. Gulf of Mexico at more than $2 billion, including debt, according to people familiar with the matter. The privately held company has been working with an investment bank on its strategic options in recent weeks and is soliciting ...By David French. Sept 19 (Reuters) - QuarterNorth Energy is exploring a potential sale which could value the oil and gas producer in the deepwater U.S. Gulf of Mexico at more than $2 billion ...QuarterNorth Energy General Information Description. Operator of energy exploration company based out of Houston, Texas. The company offers a diverse set of producing properties alongside a robust prospect inventory strategically located near key deepwater facilities, thereby helping provide thousands of jobs for employees and contractors in the region.Our purpose is to be the best oil and gas company in the Gulf of Mexico operating a business that delivers attractive returns to our stakeholders in a Safe + Sound manner. VALUES. EXCELLENCEWe will... Execute a cash flow and economic return focused business. Perform at our best so Quarter North. can be the best.(Reuters) — Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash-and-stock deal to bolster its presence in Mexico. QuarterNorth is a privately held U.S. Gulf of Mexico exploration and production company with ownership in six major fields. It will receive about 24.8 million shares of …Jan 15 (Reuters) - Oil and gas company Talos Energy said on Monday it will acquire privately held QuarterNorth Energy in a $1.29 billion deal. (Reporting by Tanay Dhumal in Bengaluru; editing by ...For invoicing/payment questions contact the QuarterNorth Energy Accounting Department by phone at (713) 969-1006 or by email at [email protected]. Owners should submit inquiries relating to Royalty payments or Direct Deposit forms to the QuarterNorth Energy Owner Relations Hotline at (713) 969-1029 or by email at [email protected] Energy Inc. warrant holders aren’t entitled to protection from having their securities converted if the oil and gas exploration company closes a proposed $1.29 billion sale to Talos Energy Inc., the Delaware Chancery court ruled.. The roughly two dozen investment funds that sued QuarterNorth and its controlling stockholders aren’t …Federal investigators raided a deepwater oil explorer’s Louisiana office last week as part of a probe into an offshore spill, a rare escalation for a U.S. environmental case, reports Bloomberg. QuarterNorth Energy LLC’s office in Lafayette was searched by investigators from the U.S. Interior Department, Bureau of Safety and Environmental …HOUSTON, Jan. 15, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. ("QuarterNorth") for $1.29 billion (the "Transaction"). QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields.Mon, 03/04/2024 - 04:06 PM. ( Source: Shutterstock.com) Talos Energy closed its acquisition of QuarterNorth Energy, adding scale in the Gulf of Mexico. Talos estimates QuarterNorth's average daily production for 2024 will come in at an average 30,000 boe/d (75% oil), including planned downtime. QuarterNorth's producing assets include six ...One of Charlotte's largest employers is making job cuts, citing a company reorganization. Duke Energy, which has nearly 28,000 employees, confirmed the layoffs on Monday. Duke Energy declined to say how many workers will lose their jobs or when, but said "we expect limited workforce impacts across our service territories." "Duke Energy is entering the next phase of its cleanAbout two dozen investment funds are seeking to block their warrants in QuarterNorth Energy Inc. from being forcibly converted if the oil and gas exploration company closes a proposed $1.29 billion sale to Talos Energy Inc.. Investment funds that said they loaned money to a QuarterNorth predecessor and acquired warrants after the predecessor's emergence from bankruptcy requested a ...Source: goralikus/Getty Images. Talos Energy has struck a deal to acquire privately held US Gulf of Mexico (GOM) exploration and production company QuarterNorth Energy in a cash-and-stock deal valued at $1.29 billion. The transaction will add about 30,000 BOE/D (75% oil) on average to Talos’ full-year 2024 volumes and adds about 69 million ...Experience: QuarterNorth Energy · Location: Houston · 500+ connections on LinkedIn. View Brian Wolf's profile on LinkedIn, a professional community of 1 billion members.In today's dynamic economic landscape, organizational restructuring and layoffs unfortunately remain a reality. As quarternorth energy faces this challengingThe West Vela drillship won a short-term campaign in the U.S. Gulf of Mexico with QuarterNorth Energy. This campaign is expected to start after the 2013-built rig completes its current contract with Beacon Offshore in the first quarter and transitions to Seadrill from Diamond Offshore. The new contract added $41 million to Seadrill's backlog.QuarterNorth is the successor to Fieldwood Energy, which was formed by creditors from Fieldwood assets after the company filed for bankruptcy in 2020. Tommy Lamme, general counsel of QuarterNorth was GC at Fieldwood. William Moss III, GC at Talos, was a partner at Mayer Brown in Houston before joining Talos in May 2013.Total Views: 6906. September 14, 2022. Share this article. By Rachel Butt, Jennifer A. Dlouhy and David Wethe (Bloomberg) — Federal investigators raided a deep …Katmai is a producing conventional oil field located in deepwater in the US and is operated by QuarterNorth Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Green Canyon 40, with water depth of 2,100 feet. Buy the profile here. The field is owned by ...Talos announced the acquisition of QuarterNorth Energy for US$1.29 billion. The Independent will finance the deal through a combination of cash and equity. Talos's acquisition of QuarterNorth is a logical move and will cement its position as a top producer in the US Gulf of Mexico. Talos will move up the ranks to the seventh highest producer in ...Following its emergence from bankruptcy in September 2021, the company now operates as QuarterNorth Energy. The incident occurred on the Katmai Field Well #1 on July 24, 2020. The well is located approximately 140 miles offshore Louisiana in Green Canyon Area Block 40 in 2,082 ft of water. The leak, which resulted in a loss of 479 barrels of ...Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three and twelve months ended December 31, 2022. The Company also announced its year-end 2022 reserves figures pro forma for the recently closed acquisition, as well as 2023 operational and financial guidance for the combined company. Finally, Talos announced its ...Talos Energy (NYSE:TALO) +1% post-market Monday after raising Q1 and FY 2024 production guidance to reflect the earlier than expected closing of the QuarterNorth Energy acquisition.The average QuarterNorth Energy salary ranges from approximately $60,316 per year (estimate) for an A-Operator to $175,308 per year (estimate) for a Regulatory Director. QuarterNorth Energy employees rate the overall compensation and benefits package 2.5/5 stars.Federal investigators raided a deep-water oil explorer’s Louisiana office last week as part of a probe into an offshore spill, a rare escalation for a US environmental case. QuarterNorth Energy ...Talos Energy (NYSE: TALO) is a technically driven, innovative, independent energy company focused on safely and efficiently maximizing long-term value through its Upstream Exploration & Production ...After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as consideration for the transaction. Additionally, Talos has appointed QuarterNorth's designee, Joseph A. Mills, to the Talos Board of Directors.(Talos, 15.Jan.2024) — Talos Energy Inc. (NYSE: TALO) announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. for $1.29bn (the “Transaction”). QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields.Last year's job cuts weren't the end of layoffs. Further reductions have begun in 2024. Companies like Tesla, Google, Microsoft, Nike, and Amazon have announced plans for cuts this year. See the ...Mon, 03/04/2024 - 04:06 PM. ( Source: Shutterstock.com) Talos Energy closed its acquisition of QuarterNorth Energy, adding scale in the Gulf of Mexico. Talos estimates QuarterNorth's average daily production for 2024 will come in at an average 30,000 boe/d (75% oil), including planned downtime. QuarterNorth's producing assets include six ...Jeff Soine's role at QuarterNorth Energy is Member Board Of Directors. What is Jeff Soine's email address? Jeff Soine's email address is j**@quarternorthenergy.com. What is Jeff Soine's business email address? Jeff Soine's business email address is j**@quarternorthenergy.com. What is Jeff Soine's HQ phone number? Jeff Soine's HQ …Why Did Quarternorth Energy Layoffs Happen? April 18, 2024. NuVasive Layoffs - Know Impact, Reasons & Future. April 17, 2024. About Us. At My Biz Daily, we're here to turbocharge your business journey! We share latest, easy-to-grasp business tips every day. Facebook X (Twitter) Instagram. Important Pages. Home; Terms and Conditions;Anthony Bailey Lead operator at QuarterNorth Energy Oklahoma City, Oklahoma, United States. See your mutual connectionsTalos Energy has agreed to acquire QuarterNorth Energy for $1.29bn in a bid to boost its deepwater asset portfolio in the Gulf of Mexico. QuarterNorth's assets include six major fields ...Quarternorth Energy, a key player in the energy sector, recently faced a significant challenge with a series of layoffs. This article delves into the reasons behind the layoffs, the impact on employees and stakeholders, and the strategies the company employed to navigate these difficult times. Quarternorth Energy Layoffs: Navigating Challenges and Building Resilience Understanding Quarternorth ...The company, which in January announced the purchase of U.S. oil producer QuarterNorth Energy for $1.29 billion, is targeting a debt paydown of some $400 million, the company said.Source: QuarterNorth Energy. After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the ...Oil & Gas 360® c/o EnerCom, Inc. 410 17th Street Suite 250 Denver, CO 80202 [email protected] 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243Earlier this month, Talos Energy announced that it would acquire QuarterNorth, with the transaction expected to close by the end of Q1 2024. The Seadrill-owned 10,000-ft drillship West Capella is currently working for Harbour Energy offshore Indonesia is under management of Vantage Drilling.Since 2015, more than 260 oil companies in the U.S. have filed for bankruptcy; many of them are going through processes like the one described above, as they try and figure out ways to wiggle out ...SKILLS AND QUALIFICATIONS<br>* Experienced labor and employment litigation… · Experience: QuarterNorth Energy · Education: CENTER FOR ADVANCED LEGAL STUDIES · Location: Houston · 500 ...Offshore E&P Talos Energy is bulking up its leadership team after closing its $1.29 billion acquisition of QuarterNorth Energy in March. Talos said the changes will support the company’s growth and strategic priorities, according to an April 25 press release. Sergio Maiworm, who joined Talos in 2018, was promoted to executive vice president ...Talos Energy Inc. is an independent energy company focused on maximizing long-term value through its upstream exploration and production in the United States Gulf of Mexico and offshore Mexico. The Company is engaged in acquiring, exploring, and producing assets in geological trends while maintaining a focus on safe and efficient operations ...Employees can apply for more than 500 open positions at Chevron. Chevron Corp. has given notices of possible layoffs as part of its restructuring after buying Denver-based PDC Energy for $7.6 ...Deepwater Asset Manager / Operations Director. Fieldwood Energy LLC. Jun 2019 - Oct 2021 2 years 5 months. Houston, Texas.Source: Talos Energy website In a bold move to broaden its footprint in the Gulf of Mexico, Talos Energy is laying down a cool $1.29 billion to snap up QuarterNorth Energy.Liked by Elizabeth De Hoyos. Accomplished Supply Chain Specialist with fifteen years of experience, focusing on providing consistent performance in many key areas including Global Supply Chain ...Our purpose is to be the best oil and gas company in the Gulf of Mexico operating a business that delivers attractive returns to our stakeholders in a Safe + Sound manner. VALUES. EXCELLENCEWe will... Execute a cash flow and economic return focused business. Perform at our best so Quarter North. can be the best.Talos Energy (NYSE: TALO) is a technically driven, innovative, independent energy company focused on safely and efficiently maximizing long-term value through its Upstream Exploration & Production ...ABOUT TALOS ENERGY. Talos Energy (NYSE: TALO) is a technically driven, innovative, independent energy company focused on safely and efficiently maximizing long-term value through its Upstream Exploration & Production and Low Carbon Solutions businesses. We currently operate in the United States and offshore Mexico. We leverage decades of ...In support of the recently announced merger between Talos Energy Inc. (Talos or the Company) (NYSE: TALO) and QuarterNorth Energy Inc. for $1.29 billion, Talos has: Secured $650 million in bridge financing from a syndicate of banks representing most of the Company's reserves-based loan lender group. Completed an upsized …Talos Energy Completes Acquisition of QuarterNorth Energy. PR Newswire. HOUSTON, March 4, 2024 ...Safety first: As a descendant of troubled Fieldwood Energy, which had a very poor safety and compliance record, QuarterNorth Energy (QNE) had much to prove.That said, QNE has had a good compliance record in its brief 2 year history. During 76 facility inspections in 2022 and 2023, QNE was cited for only 15 Incidents of noncompliance, all but 2 of which were warnings.The investigation follows a leak at a well off southeast Louisiana owned by QuarterNorth's predecessor company, Fieldwood Energy LLC. That spill may have violated a promise of good behavior that ...Nov 10, 2022 · Lafayette news outlets report that Houston, Texas-based QuarterNorth Energy made public its layoff plans for the Lafayette office and the offshore locations in a notice to the Louisiana Workforce Commission. QuarterNorth had been involved in oil and gas operations in the Gulf of Mexico.Talos Energy (NYSE:TALO) said Monday it agreed to acquire privately-held Gulf of Mexico exploration and production company QuarterNorth Energy for 24.8M common shares and ~$965M in cash.Enphase Energy layoffs will impact 10% of its global workforce, CEO Badri Kothandaraman disclosed in a letter to employees at the solar energy technology company.. The Enphase Energy layoffs will impact roughly 350 contractors and employees. The job cut news surfaced the same day that SunPower-- another solar energy company -- warned that its business may not survive in its current form.BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. They join a growing list of companies cutting back on their workforce this year amid ...