Tim Duncan prefers $200 million long-shot bets in the gulf. After two days of Harvey's tropical torment, the streets of Tim Duncan's suburban enclave in Kingwood, Texas, north of Houston, were impassable. Wading through waist-high water, Duncan hoisted his wife, Christy, his 6-year-old son and two dogs into a FEMA rescue boat. Duncan, the 45-year-old chief executive of Talos Energy, was beside himself. Talos is more like a classic wildcatter, taking a chance on wells not just in U.S. waters but also in politically chancy Mexico.

Source: Forbes May 10, 2018 15:22 UTC