Venari Resources LLC, was a privately held offshore exploration and production company founded in 2012 by Brian Reinsborough, was focused on the oil-prone subsalt region in the Gulf of Mexico’s deep waters. In May 2012, global private equity investment firms Warburg Pincus,^[1] Kelso & Company, Temasek Holdings and The Jordan Company provided an initial $1.125 billion capital commitment ^[2] so Venari can pursue its exploration program and development projects in the Gulf of Mexico.

In December 2019, Talos executed a purchase and sale agreement and closed on the acquisition of all primary term acreage and prospects from Venari Resources.^[3] The company website indicates that the company will cease operations in early 2020......Read.More,>>>