December 25, 2014 5:20 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Total E&P USA, Inc.

Company Overview

Total E&P USA, Inc. engages in oil and natural gas exploration and production. The company was incorporated in 1989 as TotalFinaElf E&P USA Inc. and changed its name to Total E&P USA, Inc. in May 2003. The company is based in Houston, Texas. Total E&P USA, Inc. operates as a subsidiary of Total SA.

1201 Louisiana Street

TOTAL Plaza

Suite 1800

Houston, TX 77002

United States

Founded in 1989

Phone:

713-647-3000

Fax:

713-647-3003

Key Executives for Total E&P USA, Inc.

Chief Executive Officer and President
Compensation as of Fiscal Year 2014.

Total E&P USA, Inc. Key Developments

TOTAL Reportedly Seeks To Sell Interest In Gulf Of Mexico Tahiti Project

TOTAL S.A. (ENXTPA:FP) is looking to sell its 17% stake in the Gulf of Mexico's Tahiti oil field, which could fetch between $1.5 billion and $2 billion in a deal, according to people familiar with the matter. Bank of Nova Scotia is working on the sale on behalf of Total E&P USA, Inc. one of the people said. TOTAL plans to sell $10 billion of assets in 2015-2017, having hit a target of $15 billion-20 billion of sales in 2012-2014. Wells it does not control are among the assets that Total is considering selling, according to one of the sources. The sources, who spoke this week, asked not to be identified because the sale process is confidential. A Total representative declined to comment, while a Bank of Nova Scotia representative did not immediately respond to a request for comment, reported Reuters.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 23, 2014
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