RE:MexicoMexico's new policy wont really come into affect for at least a year.
PEMEX needs to decide what it is going to keep, and then youll
have majors like Chevron and EXXON doing their thing. There
are large reserves straddling the Mexico US border. However,
one will have to deal with the locals as well.. Good to know, but
more interested in seeing the CAPEX for the balance of the year.
Dig into PRE and their largest shareholder, easy to cross t's and dot the
i's on that one.