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Mirage Energy Corp MRGE

Mirage Energy Corporation, through its wholly owned subsidiaries, focuses on developing an integrated pipeline and natural gas storage facilities in Mexico and the United States. The Company is proposing to develop the Concho-Progreso Pipeline connecting South Texas and Mexico through its proposed Progreso International crossing under the Rio Grande River. All of the pipelines are revised upward from 36 to 42-inch diameter pipes. The total length of the Concho-Progreso pipeline is estimated to be about 250 miles. In addition to the proposed pipelines and international crossing, the Company proposes to develop the Campo Brasil natural gas storage reservoir. The Campo Brasil is a depleted natural gas reservoir field. This field is located approximately 14 miles from the proposed Progreso Line. Its subsidiaries include 4Ward Resources, Inc. (Texas), WPF MEXICO PIPELINES, S. de R.L. de C.V. (Mexico), WPF TRANSMISSION, INC. (Texas), and CENOTE ENERGY S. de R.L. de C.V. (Mexico).


GREY:MRGE - Post by User

Comment by pmseekeron Feb 08, 2019 10:14am
592 Views
Post# 29337386

RE:RE:RE:RE:Mexico needs nat. gas

RE:RE:RE:RE:Mexico needs nat. gas. Due to the new institutional scaffolding put in place by the reforms and the Mexican governments ongoing strategy to encourage the generation of power from cleaner sources, Mexicos demand for natural gas has increased sharply over the past few years. As a result, natural gas is now regarded as the most important fuel in Mexicos energy blend.1 According to the countrys Secretariat of Energy (SENER), this shift is only expected to accelerate. In fact, domestic natural gas demand is set to continue its upward trajectory through 2031.
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