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Montevideo, November 18th 2017 - 21:29 UTC

Mexico strikes its biggest onshore oil discovery in 15 years; production should begin in 2019

Wednesday, November 8th 2017 - 05:06 UTC
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Mexico’s national oil company Pemex has made its biggest onshore oil discovery in 15 years with a find in the eastern state of Veracruz, President Enrique Peña Nieto announced. Pemex made the discovery by drilling its onshore Ixachi well, near the municipality of Cosamaloapan and the overall field is believed to hold some 350 million barrels of proven, probable and possible reserves. Read full article

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  • :o))

    Doesn't Pemex have a Mexican equivalent of Brazil's very own “Operation Car Wash”? Or it also DOES?

    Nov 09th, 2017 - 12:57 am - Link - Report abuse 0

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