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International Frontier Resources Corp V.IFR

Alternate Symbol(s):  IFRTF

International Frontier Resources Corporation is a Canadian company, which is focused on advancing oil and gas projects. Through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) and strategic joint ventures, it is advancing the development of petroleum and natural gas assets in Mexico. It also has projects in Canada and the United States, including the Northwest Territories, and Montana.


TSXV:IFR - Post by User

Post by minigoonon Feb 20, 2020 3:40pm
256 Views
Post# 30714476

something is brewing in good ole Meheco !

something is brewing in good ole Meheco !Simmons Edeco drilled ROE 10 well program in 2018, and also IFR pasrt wells.Cross your fingers rhat one or both companies may get some kind of green light in these type of new service contracts thath are suposidly getting a green light coming up.

hCALGARY, Canada – January 10, 2020 – SIMMONS EDECO, a leading supplier of onshore drilling and workover services to the global oil and gas industry, today announced that it has been awarded an additional drilling contract in Mexico; as the pace of onshore drilling activity remains steady.

The contract, which was awarded by another major oilfield services company, requires SIMMONS EDECO to drill a series of onshore directional wells, with target depths in the 3,000 meter range. The new wells are the first phase in a major development in Southeastern Mexico.

During the past few years, this particular operator has grown to become a major participant in Mexico’s burgeoning oil and gas industry.  

“We welcome the opportunity to work for them on this new initiative,” said Niels Versfeld, Chief Executive Officer of SIMMONS EDECO. “The award of this contract represents a significant opportunity to further expand our operational portfolio in Mexico.  It’s clear that employing experienced engineers and crew from the local community is very effective, especially in terms of delivering outstanding service and performance. Once again, we are working in close co-operation with this valued customer to protect the environment and provide a safe workplace.” 

The contract is scheduled for completion in early 2020, and is being supported by SIMMONS EDECO personnel onsite, and at the company’s base of operations in Villahermosa, Tabasco, which opened last year.  

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