Two days after Harvey’s tropical tournament, Texas was impassable. The night was coming, and power was out when it was noticed that Hurricane Harvey flood waters were on the way. Walking through very deep water, Duncan took his wife, their son and their dogs into a FEMA rescue boat.
45-year old Duncan was chief executive Talos energy. For four months now he has been orchestrating the $2.5 billion mergers of his company with stone energy. Publicity traded and bankrupt. This was risky, but it would make Talos public entity without a public offering. Flood did not hold him back, so he called a plane to take him and his family to Texas. He stayed at his parents’ home where he worked till late. By May, he took over Stones Energy listing and oil company with revenue of $ 900 million. The new company can produce 4800 barrels per hour, unlike Talos.
Duncan always dealt with tough situations, but he still managed. Talos biggest asset is the phoenix field which has been destroyed by Hurricane, but still, Talos was ready to clean it up. It now pumps 16000barrels a day. Duncan got to start his oil industry in 1996 working for Zilkha energy and in 2000; he helped launch Gryphon exploration which acquired High Island. It drilled new wells and raised the output. In 2006 he found Phoenix exploration and more
In 2012 he founded Talos with $600 million in equity, and it paid $ 620 million, but a year later there was a market crash though over the past three years Talos have managed seven dusters in 28 attempts. It has Mexican future and for Duncan, grabbing the opportunity was the best thing that he did. What he enjoys in his life is doing staff that others conclude that you can’t do anymore. Floods hardened him and changed his perspective on life.