No mention of migrations I speak Spanish having lived and worked in Latin America for 26 years.
After Ebenizer3 published the link to the article that spoke about ending migrations for oil companies ;Super-Cycle wrote “IIF this is a legit story - it should be getting more news coverage from large, established sources.” I agree with this and have gone through Pemex, CNG , Mexican news souces and ALMO’s daily press conferences and there is NO mention of ending migrations that I could find.
The main topic often mentioned that concerns us is the ending of the auctions for new contracts. We had been told that Pemex wanted to have the ability to choose their partners that they would be working with and we in ROE felt that if such a thing happened it would be to our advantage as we felt we had an inside track with Pemex.
The ending of auctions was approved in the extra- ordinary meeting # 32 of CNG.
Interesting the longest comment was about what Mexico would lose by cancelling the auctions.
The extra- ordinary meeting # 33 of CNG was an updating of several contracts including the three properties of ROE in the state of Chiapas; Mundo Nuevo, Topen and Malva. They were considered as a package along with two other contracts of other companies. The technical advisor of the CNG in charge of this area presented to the seven commissioners what the companies were planning now that they had a chance to study their properties in greater detail. It included things like how much they would invest, how much did they expect to produce and when would this happen. There were no questions nor comments from the commission. It was approved unanimously by the raising of six right hands and one verbal assent.
This meeting had nothing to do with migrations.
I picked up a few more shares on Friday.
will