In 2006, at 33, Tim Duncan co-founded and was senior vice president of Phoenix Exploration with a $350-million equity raise from Riverstone, Pine Brook Road Partners and Soros Fund, making it the largest shallow-water Gulf of
Mexico/Gulf Coast private-equity raise at the time. After leading the sale of Phoenix in 2011, he co-founded Talos in 2012 with a $600-million equity raise from Apollo and Riverstone.

Accomplishments: Oversaw the recent acquisition of Energy Resource Technology GOM Inc., the oil and gas subsidiary of Helix Energy Solutions Group Inc., for $620 million. Talos now has more than 120 employees. Holds BS in petroleum engineering from Mississippi State University and MBA from University of Houston. Distinguished
Fellow of the College of Engineering at Mississippi State in 2012. Established Tim and Christy Duncan Scholarship at Mississippi State to provide financial assistance to engineering students willing to get a minor in finance or entrepreneurship. Sits on advisory board of the Entrepreneur Program at Mississippi State and the Petroleum Engineer
Program at the University of Houston.

On mentorship: “I am blessed to be in this role at a reasonably young age, and at the end of the day you just cannot get there if people do not at some level believe in you. There is absolutely no way I could perform in this role if I did not have key mentors along the way to prepare me to be successful, which is something I try not to lose sight of.”

Goals: Regenerate value on Talos’ newly acquired assets and use the oil-weighted cash flows from the assets to grow a significant Gulf Coast/GOM company through exploitation, exploration and selective transactions.

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