Shell leads latest Mexican stampede

MEXICO’s much anticipated offer of areas over its highly prospective but underexplored deepwater expanse in the Gulf of Mexico has generated a US$525 million windfall for the nation in signing bonuses alone and a massive $93 billion investment pledge – numbers that Australian authorities can only dream of.

Shell leads latest Mexican stampede Shell leads latest Mexican stampede Shell leads latest Mexican stampede Shell leads latest Mexican stampede Shell leads latest Mexican stampede
Acreage releases and cash bidding options have underperformed in Australia in recent years, and Mexico has also struggles with some actions, but in yet another indication the sector is again keen on