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Talo Oils Entrepreneurial Business Leads To Profitability

October 22, 2017 - Author: steph

Mexican waters have proven to be an unfriendly territory to almost all privately owned companies seeking to drill oil in these regions. However, the agonizing 80-year wait seems to have been brought to an end. For the first time, after almost eight decades, in an area where private firms were unable to discover oil, the Joint venture of Premier Oil plc, Talo oil and Sierra Oil and Gas in drilling a well in the region has proved successful. This will be the first time a privately owned company will be drilling in these areas. This comes as great news as the only company that has been dominating these waters is the Mexican State Owned Petroleos Mexicanos which was as a result of the nationalization of Mexico’s oil reserves.

Talo oil, one of the Privately owned oil companies, has its headquarters in Houston Texas. Drilling in this region will prove to be a worthwhile investment for the company if consideration is put on the fact that Talo recently acquired Energy Resource Technology through its entirely owned subsidiary, Talos production LLC at the cost of $620 million. The acquired company has assets in Mexico’s gulf. It has been estimated that Energy Resource Technology has assets that are equal to 16,155 barrels of oil daily as of last December. Before the sale, ERT was exploring other oil wells such as the Wang exploration well which has close to 100 feet of high-quality oil deposits.

Talo oil will be on another spending spree since they have a projected revenue that is close to $500 million this year alone. Taking into consideration that Talo oil, in February acquired the Oil and Gas producing Subsidiary of Helix Oil for a whopping $620 million (Helix Energy solutions aims at retaining an overriding interest in the Wang exploration well), and the projected income, tremendous growth to Talo oil is in the offing. This will result in more hiring hence a significant amount of jobs will be created. It is estimated that drilling in this region by the privately owned companies may take up to three months. During this time, it’s expected that (100-500) million barrels of crude oil will be drilled from this region.

Read More : http://www.riverstonellc.com/#!partners/exploration-and-production/talos-energy-llc

No Comments - Categories: Investment, Technology

Eric Pulier Molds Tech Industry Tendencies

August 28, 2017 - Author: steph

Eric Pulier is definitely one of most admired CEO in the tech and software industry. Pulier has 3 careers as an author, entrepreneur, and philanthropist. Eric Pulier holds a degree in English and American Literature, which he earned from Harvard. Pulier has been dedicated to providing help to individuals suffering financial distress and kids with chronic illnesses. Pulier takes the lead in many areas of technological innovation in the industry.

Eric Pulier comes from New Jersey. Pulier has demonstrated a keen interest in computers and programming since childhood. Eric Pulier worked as a writer and also as an editor for The Harvard Crimson when he was a Harvard student.

Eric Pulier is responsible for shaping parts of the technological world. Pulier gained recognition for his publications as an author., Eric Pulier established People Doing Things in 1991. People Doing Things works in the area of medical and educational technology. Pulier was imperative in establishing Arkana, Desktone, MediaPlatform during their start-up phases, as well as in creating U.S. Media Interactive. Pulier provided considerable investments because of his involvement and success in the technology industry through his contacts in the tech universe.

Eric Pulier’s efforts as a philanthropist, have been helping young people with very serious illnesses. Pulier founded Starbright World, which has helped children experience online communication inside secure environments. Eric Pulier is a board member of Painted Turtle, a summer camp, does not seek profits as well as being on the board of XPrize.

Forbes and the Harvard Crimson, have featured a number of Eric Pulier’s articles in their publications. Eric Pulier alongside Hugh Taylor are co-authors of Understanding Enterprise SOA  . which was published for the first time in 2006. Their book speaks about service-oriented architecture while featuring important insight. Their publication received several positive reviews from its readers.

Eric Pulier is a father of four and he resides in Los Angeles. Pulier’s present activities related to a number of business and charity goals. This year, Pulier founded his latest startup company, vAtomic Systems. This new company tracks digital products and makes it possible for clients to trade products in online environments. vAtomic Systems might mold the future of online business and app business.

About Eric Pulier: www.thecrimson.com/writer/710/Eric__Pulier/

No Comments - Categories: Eric Pulier, Technology

3 Ways Eric Pulier Is Changing The Tech Industry

January 8, 2017 - Author: steph

Breaking New Ground In Tech

From the 4th grade onward, Pulier has written programs. Naturally, someone with that sort of prodigious talent will produce some ground breaking innovation. Regardless of where you look, Pulier has had some hand in just about every single category of software. He has produced social networks, APIs, remote desktop software, and practically anything else you would need or want in software. That success has enabled Pulier to collect a massive fortunes thanks to the millions, and in some cases hundreds of millions, of dollars the companies he sells tend to sell for after he’s laid the groundwork for them.

Giving Back To The World

Far from a scrooge, Eric Pulier uses his fortune and genius to help others in need. When the Starbright Foundation wanted to give chronically ill children a way to connect to each other, they got in touch with Eric Pulier. Ultimately, he came through for them with the creation of the Starbright World. As the first private social network, the Starbright World made it possible for children in more 70 hospitals to reach out to each other and socialize. Keep in mind this happened in the 90s before the likes of Facebook and Twitter. Even within the lives of ordinary people, there simply wasn’t anything similar to what Starbright World did.

Leading The Charge On Progress

With a career spanning more than 2 decades, Eric Pulier is one of the leading engineers in the tech industry. He has produced countless innovations and created some of the most important companies in software today. Despite the years of experience behind him, Pulier never tires of bringing new innovation to the table. In fact, he produces at least one patent every single year. Outside of his work life, Pulier is a family man focused on spending time with his 4 children. To give his children the best world possible, Pulier devotes himself to solving the world’s problems. He is an active member of the Clinton Global Iniative and uses his platform to tackle the most important issues of our time.

Visit http://www.thecrimson.com/writer/710/Eric__Pulier for more.

No Comments - Categories: Eric Pulier, Technology

Slyce Inc Is Slicing Its Way Into Mobile Application Technology

September 21, 2015 - Author: steph

Slyce Inc is a company that specializes in image recognition and search technology, and it’s based out of Toronto, Canada. The visual recognition technology that the company specializes in was first launched in the beginning of 2013. The visual search portion that Slyce specializes in caters to consumers, and it allows for the identification of products on just pictures, and the picture allows consumers to search for an item using an application on a smartphone. In order for the visual search technology of the company to be successful, Slyce has been able to forge business relationships with six top United States retailers to juice up the use of its mobile application. Slyce has achieved enough success to be traded publicly on TSX Venture Exchange which is stock exchange based in Canada that does all of its trading electronically so there is no trading floor headquarters.

Slyce was born out of a business consulting firm that was founded by Erika Racicort and Cameron Chell in the start of 2012, and Slyce was founded by Erika and Cameron as well. Originally, the company had its headquarters in Calgary, Alberta, but then it later moved its main offices to Toronto, Ontario. Slyce also has additional satellite offices in Nova Scotia, New Waterford and its United States office in Minneapolis, Minnesota.

In February 2013 at the Mobile World Congress in Barcelona, Spain, the company officially launched its visual recognition and search technology for retail products on smartphone applications. Between the launch of the the visual search technology and the end of 2013, the company was able to raise approximately $6 million. It was also able to acquire a visual search technology startup company called Hover.it, and that helped expand its operations.

Through the acquisition of the visual search startup company and Series A funding, Slyce was growing nicely, and the company had raised close to $11 million in early 2014. Further into the year, the company was able to add another acquisition to its business history when it bought a company called Buycode which was based out of Tel Aviv, Israel. Buycode was a mobile application development company, and Slyce needed it to help grow its Pounce retail shopping application. The company kept growing by acquiring yet another company based out of Minneapolis, Minnesota that specialized in application development called Drivetrain Agency. Through these acquisitions of smaller tech companies, Slyce was able to add two key people to its team. Dan Grigsby, the former CEO of Drivetrain, joined Slyce in the capacity of chief technology officer, and Buycode’s CEO, Avital Yachin filled the new position of chief product officer. There are high expectation of Slyce in the tech community that Slyce will likely deliver on.

No Comments - Categories: Technology

Slyce Leads The Competition In Visual Search And Recognition

September 4, 2015 - Author: steph

Visual search and image recognition technology is becoming the wave of the future. Cusumers using this particular technology can use their cell phones to point to a product in a store and the application will immediately recognize the product and bring up a similar product for price comparison. Amazon Flow uses this technology to link consumers to products on Amazon. If Amazon offers a lower price, the customer then has the option of doing business with Amazon instead of the store in which the product was found. Customers find that they can save a lot of money by using this technology.

Slyce is a company that uses similar technology. The company is based in Toronto, but does the bulk of its business in the United States. Slyce seeks to use its funding to be superior to Amazon Flow. In order for Amazon Flow to be used effectively, the product being scanned on the smartphone has to be in its original packaging. Slyce does not require the product to be in its original packaging before it brings the product up for price comparison. This means that you can take a picture of a toaster in your house, a shirt that a friend has on, or any other product, and Slyce will bring up the product and how much it costs with the appropriate online retailer. The technology gets very specific, even identifying small things such as the number of buttons on a shirt and what color the product is in order to give the best possible match for consumers. This gives Slyce a competitive edge and is more convenient for potential customers.

Slyce will also be used by retailers to gather data based on the types of pictures that are being taken by smartphones. Even if a consumer does not purchase a particular product from that retailer, if the consumer takes a picture, that picture can be used by retailers to see which types of products are popular with consumers. This data will then be used for marketing purposes.

Slyce is without a doubt an awesome company with excellent technology, regardless of if you are a consumer or a retailer. It serves consumers by giving them the option to take a picture of a particular product and match them with a similar product which can be purchased online for a cheaper price. It serves retailers by matching them with customers they might not have gotten otherwise and at the same time gives them valuable information they can use for future marketing. This makes Slyce unique and miles ahead of the competition.

No Comments - Categories: Technology