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Old Ward is rolling out tortillas at taco cabana . That is his lane, his comfort zone. No stress to worry about
lol..That's great.... The ole isthmus projects..Isn't that where the wizard of physics(cmw) figured out 10 inch elbows restrict flow in 12 inch pipe? Is he back sending out pictures of the monobouys? let me guess, they need the one man puppet show to run a pipeline across the isthmus to circumvent the evaporating Panama Canal?
To quote the largest shareholder, what happened to the oil wells and filings....I missed the part in that article that mentioned MRGE... $$$$gosheinbaum$$$$
Lots of new updates and information on the Isthmus
https://www.proyectosmexico.gob.mx/ppp03-ciit/
More than tax loss selling - those trying to gett ~OUTT before the Expert Market arrives.
Nott to worry tho - CMW has been in a lott of meetings recently - with Jack Daniels, Jim Beam, George Dickel, Evan Williams, Basil Hayden, Colonel E.H. Taylor, Jr., and others.
All CMW needs is a pen to sign the deals.
Wait till the year end selling by those of us that own the satellite communications company. This junk will go for whatever we can get to offset a fraction of our gains
Looks like we just had to flush out the desperate seller, hopefully folks took advantage, I picked up 300K, should make for a good short term trade. The problem is the company, they are doing literally nothing and no luck getting in touch with them. Not happy. Where the heck are those oil wells that were promised, are they even working on them, I just dont know. Before you know it oil will be 50 bucks a barrel and drilling will be a losing proposition.
That's good..Hopefully his discussions are not just with the dream team...
He’s having discussions so we’ll see
MW has not filed a financial report since his year end a year ago. So he’s 4 reports behind. So even MW doesn’t believe a New Mexican president will change anything. So no reason to buy.
6 more years till the next Mexican presidential election. Maybe he will get one he could work with then
Interesting. Yes Jets looking good!
hey Mac,
Well, Da J.E.T.S. won last night therefore anything is possible/ miracles happen. who knows, i will play it by da ear!
at least someone is cashing in on NG green gold:
https://www.skynews.com.au/australia-news/politics/nt-betaloo-basin-has-enough-gas-to-supply-australia-for-the-next-400-years-company-about-to-start-drilling-the-region-says/news-story/cb2b29ed24e43decde8dd7fea3c9ed53
Go Mickey, Go Mrge
Anyone buying ahead of the new president being sworn in?
I scoured the entire area..WITH inlets manager, someone stole
Your cryptic message. Hopefully they understood your message.. I am home till Monday. If you are about east let me know..
Check the chairs closest to the fireplace.
Nothing to be found.. you coming out this weekend...I'll be home
I did see you. I left a message for you under one of the blue Adirondack chairs. See if you can find it when you get back.
Let’s get ready for some football!
Hey Jet,
When will the J.E.T.S. implode begin, tonight or...?
Let da games begin.
lol
Freshest seafood dinner in MTK..Dead Bank..never heard that. I am offshore...Does that mean it's slow..That would be the first day without a two hour wait in many months.Check out the pictures..Jason&Danielle is mine.... Down stairs there are plenty of pictures of all the guys from years ago...See if u can find me?
At Inlet Seafood.Amazing Dead bank here!
Lol. LIFP,I love that..doing business with the boys at fulton fish market and the "tough guys" always makes life easy...Their legal team is second to none..Not a single lawyer from their team has been disbarred... In fact not one of them works for IHUB either..Gotta love a wise guy, so says the Lucchese family, who still bounce around the outskirts of the fulton market..
All the books of the LIFP are accredited by "Family" members so we know it's a solid investment.. Certs will be personally delivered and signed in "red ink"...Series A shares are gonna be available at a 2:1 payout upon completion of the pipeline... It will be fully operational with the inauguration of Claudia sheinbaum.. Kinda in line with CMWs pipeline..
CMW is at Taco Cabana testing his approximately 20 ft long refried beans pipeline. It is the closest thing he will ever get to a natural gas pipeline.
Whereas, in CONtradistinction, the LIFP is a quite solid financial investment available to current and former accredited MRGE baggholders.
The repair and restoration of the pilot-scale LIFP remains underway butt could use an infusion of pennyvestor financing to expedite the reopening date. Since the LIFP project has nott yett reached its IPO stage, all share issuances come on really nice looking embossed share certificates printed on high-quality 28 lb Crane cert paper with a shiny metallized blue sticker image of a halibut on the lower left. Series B shares of common are available now.
The certs are super nice and can be framed and mounted right next to one's MRGE shares. 🗑️
Old Ward is rolling tortillas at Taco Cabana in San Antonio
How's Wards hand? My guess is still up his a$$
So Jose Ramon Silva of Tampaulous has a "NEW" consultant.. Did these guys steal Wards secret sauce.. Who knows right
We had a great conversation with representatives from the Korean company Sonokong Materials to join forces and synergies to work together. Thank you very much for visiting us, know that Tamaulipas is your home and you will always be welcome.
Will it ring international? Lol. My guess is NO
It’s about time for him to start spreading the rumor that he’s been invited to the incoming Mexican president inauguration . Either staying at the US embassy or the presidential palace.
Hey stink,get back on the qualludes..The lazy fat f-Ck running this shit show ain't doing a thing.. we have forgotten more than he knows...
Hey Stink,
"Welcome Back"
What’s happening in this room of gassy goodness? Have you all given up? Honk honk. Ward is at the Plaza for lunch, he may be out of the office today but only today. His schedule is tight but he rarely takes a day off from fighting the good fight. Oil wells?
Thanks..I like that storage is still being spoken of..Hard to believe 20 years of talking..Any word on the isthmus..Or is it safe to say that was a CMW dream/ lie..The two projects were so unrelated and not even geographically close together I opt for BULLSHIT.. Ward is a million miles from being an energy savant, especially in 2024..
But I'll still keep my chin up and hope for anything..big or small..just let me escape..my biggest hope is any form of liquidity..
https://elceo.com/negocios/claudia-sheinbaum-y-luz-elena-gonzalez-escobar-disenan-plan-para-resolver-crisis-financiera-de-pemex-y-cfe/
Claudia Sheinbaum and Luz Elena González Escobar design plan to solve Pemex and CFE's financial crisis
Business
July 30, 2024
Camila Ayala Espinosa
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Claudia Sheinbaum Pardo reported that she is already working with the next head of the Ministry of Energy (Sener), Luz Elena González Escobar. The purpose is to develop a strategy aimed at addressing the critical financial and profitability situation faced by Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE).
At a press conference, the virtual president-elect explained that, after the appointment of González Escobar, the first stage of the plan has focused on reviewing the actions carried out in the current government to reduce the collection of the Right to Use Fuels (DUC) for Pemex.
This measure has sought to relieve the financial pressure on the state-owned company and improve its economic stability.
"We are working on several issues with Luz Elena González, who is going to be the Secretary of Energy, we are seeing both in CFE and in Pemex, in the case of Pemex obviously its financial balance, the importance of maintaining production at a certain level," he commented from his transition house in Iztapalapa.
Within the operational part, he stated that they are reviewing the refineries of Salina Cruz and Tula.
Without mentioning something of a possible centralization of the state's productive companies under a federal agency, the former head of government of Mexico City also pointed out that she is working on the 2025 Economic Package.
"We are in the work plan for the first 100 days of government (...) in the 2025 Expenditure Budget (...) We are already working with Rogelio Ramírez de la O and his team," he said.
Refineries and new opportunities for Pemex
For the rest of the refineries, the situation of the coking plants is being seen, how far the investment went and "if necessary" with the analyses done, reinforce.
"The idea is to refine everything that is extracted, which is an original idea of President Andrés Manuel López Obrador and that it is important that it is maintained," he said.
For Pemex, work is also being done on new areas of opportunity and development, such as petrochemicals with fertilizers, and even more so with natural gas and lithium.
"The possibility that Pemex ventures, for example together with Litio MX, into lithium mining (...) oil companies from other countries are making inroads. It would also give Pemex a possibility of extraction and development and profits different from oil and natural gas alone," he said.
Claudia Sheinbaum reports on plans for the CFE
The former scientist pointed out that although CFE presents a very different financial situation from Pemex and that it has even been successful in its financing model, the company is intended to lead the energy transition.
"So, our objective particularly at CFE is the energy transition, to further strengthen renewable energy sources from different mechanisms," he said.
He explained that what he proposed since the campaign still stands, which is to keep 54% of generation in the hands of the Mexican State and 46% in the hands of the private sector.
He asks that mistrust not be generated
In the face of growing uncertainty about the future of autonomous bodies in Mexico, Claudia Sheinbaum called for calm, assuring that these entities will not disappear, but will be absorbed by federal agencies.
According to Sheinbaum, the reforms necessary for the transition of these autonomous bodies will be addressed after the reforms to social support.
"First we will address the judiciary, indigenous issues and social ranks. Later, we will be reviewing the others," he said, outlining a plan that seems to prioritize social reforms over the administrative restructuring of the next federal government.
Mexico, without strategic storage of natural gas: Rystad Energy
The winter storm affecting Texas revived fears of the suspension of natural gas shipments to Mexico, a country that does not have strategic storage to deal with the emergency, and that the development of salt caverns remained on paper.
Erick Sánchez Salas, vice president for business development in Mexico and Central America at Rystad Energy, said that the development of natural gas infrastructure, gas pipelines, storage terminals and increased production are areas of opportunity for the country.
Rystad Energy in Mexico
Although the Ministry of Energy (Sener) has classified nine candidate fields for storing natural gas within them, the government is not moving forward on the issue, leaving no strategic reserves of said fuel.
Of the nine fields evaluated by Sener and identified as suitable, six are physically located in Veracruz. The fields are:
- Jaf.
- Obertura.
- Vistoso.
- Lizamba.
- Chilapilla.
- José Colomo.
- Brasil.
- Apertura.
- Papán.
Erick Sánchez Salas recalled that these projects were planned and scheduled, but when the current administration came to power, they were cancelled.
“Mexico has fields, mainly in the field called Brazil, where caverns have been identified that are sufficient and would allow the development of storage infrastructure.” The specialist pointed out that this gives signs that investments by private parties should be stimulated or allowed and encouraged for storage in any of its forms, such as import terminals or in this case salt caverns, and give the government more alternatives for resilience in issues of this nature.
Regarding reducing dependence on natural gas imports by increasing production, this remains the safest option in terms of energy security, but it has not been done so far, “it is something long-term that requires much larger investments.”
“It is very likely that we will see this on a more continuous basis, whether due to the issue of cold waves or the issue that has to do with climate change. We are no longer talking about global warming, it is the extremes, the droughts that affect hydroelectric plants or cold waves that increase demand. When we have droughts, it affects the generation base and cold waves affect demand.
https://www.onexpo.com.mx/NOTICIAS/MEXICO-SIN-ALMACENAMIENTO-ESTRATEGICO-DE-GAS-NATUR_eKwK9/
So does old Ward just go to Mexico to get drunk?
Wil,
said speaking events where in Mx, was in reference to NG infrastructure and in front of Mx Players?
If so, would that be evidence of the originally legitimacy or part of da overall potential bold scam?
That replacement disaster video last year is still odd Imo if nothing was to it?
this is not to say that shenanigans have not been in play, was Imo, but was it a means to the end of a legit deal or scam from da beginning?
after years of this, I have my thoughts, but a conclusive finality would be nice soon.
either way, this sux!
lol
Cheers
Well MM that certainly was a well thought out reply.Thank you. .MY biggest hope is Ward treats Mexico with more respect than he does his shareholders..According to Sergio Chapa, his demeanor at speaking events was one of arrogance and a desperate need to rehydrate..
At this point we only have a few more months to officially know our fate( I have already made my decision)..A few of us here have retraced texts and phone calls we had with the CEO and man o man, the scam part (or pure BS) sure was apparent..At this point(2024) I really don't see how or what Ward knows that no else does..
This is a case where Mexico is far smarter than ole Waldo.. My example of this is Mexico keeping Romero in his position and not even entertaining replacing him..especially with Wards(friend)... Heck, Ward just hasn't got the message after 20 plus years of pushing his superior intelligence on them..Corporate names like Tidelands and Mirage probably set off red flags within Mexican government..
So are you implying at best, Ward might be a technical advisor?
My contact recently told me nat gas storage is going to happen..But he did not want to elaborate..
Time will tell and thanks again
Appreciate your post mm
I can see why Mexico is the way it is with these projects that just seem to spin their wheels and go nowhere. Just like mx.
Of course, Live! I appreciate your appreciation (If you see me reacting to you with poo or clown emojis, know that it is because I am trying to beat someone to the punch 🙂)
Yes sir! I do still have my fingers crossed. I keep going back to how Silva said they have the “technologist.”
https://energiaadebate-com.translate.goog/concluira-tamaulipas-este-ano-estudios-tecnicos-para-almacenamiento-de-gas-en-campo-brasil/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
When I saw Geostock was involved, that was a bit of a scare at first. But I don’t think the sole technologist would be Geostock since they were brought on in Feb 2024 (https://mexicobusiness.news/energy/news/sedener-tamaulipas-signs-agreement-geostock)
and they intend to be done with the technical aspect and part of the permits by the end of this year.
I’ve looked into it, and from what I see it seems that Geostock’s role tends to be more of a support and assistance type of job. This document lists many projects they’ve been involved in, and they have never been the sole developers on a project - other companies have always been involved.
https://www.geostockgroup.com/wp-content/uploads/2022/07/rapport_annuel_2021.pdf
For example, with their other project in Mexico - the Shalapa LPG storage, they provided assistance for Cydsa.
Look at the bottom paragraph of this article describing the multiple companies involved in this Turkey natural gas storage project.
https://www.hydrocarbons-technology.com/projects/tuz-golu-underground-gas-storage-project/
With a project the size of the Brasil field, I’d imagine there would similarly be enough room for multiple groups, organizations, and companies to be involved.
As of June they were in "the stage of basic engineering development and permit management before federal instances."
https://www-elsoldetampico-com-mx.translate.goog/local/regional/cenagas-impulsa-tres-proyectos-de-gas-en-tamaulipas-con-inversion-de-2-mil-500-millones-de-pesos-12129650.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
I believe they’re just creating some basic diagrams and specs, as well as working with the appropriate Mexican governmental organizations to work toward granting permits. Look at the “basic design” section of the Geostock website https://www.geostockgroup.com/expertises/ingenierie/#les-reconnaissances-complementaires
So I still have hope.
Or maybe it is a big scam. Guess we’ll see 🙂
Thanks MM. are your fingers still crossed?
NFE Targets First Altamira LNG Shipment by Mid-August
By Jacob Dick on August 05, 2024 at 1:35 p.m.
The first cargo of Texas natural gas liquefied in Mexico could be heading from the east coast to an import terminal on the country’s isolated Pacific Coast by mid-August, according to New Fortress Energy Inc. (NFE).
The company disclosed Friday it was expected to end the commissioning process of its 1.4 million metric tons/year (mmty) capacity Fast LNG (FLNG) facility offshore Altamira by Aug. 9. After commissioning ends, NFE expects its first cargo to be loaded on the Energos Princess and delivered to the Pichilingue liquefied natural gas import terminal in La Paz on Mexico’s Pacific Coast.
NFE has a supply agreement with Mexico’s Comisión Federal de Electricidad (CFE) to provide up to 0.3 mmty of LNG to the import terminal in southern Baja California. A non-free trade agreement permit for NFE’s FLNG projects and proposed onshore trains at Altamira are currently paused by the U.S. Department of Energy, limiting exports to the company’s customer base in North America, the Caribbean and South America.
“Being able to supply our customers with our own LNG has been a goal for the company for many years,” CEO Wes Edens said. “Natural gas and power supply are critical components of a sustainable, affordable and cleaner energy system and we are grateful to now be able to provide an end-to-end solution for our customers.”
Following its first shipment, NFE said the unit will undergo scheduled maintenance for several days before ramping up to full production by the end of the month.
Adbutler in-article ad placement
NFE updated its target for the first LNG cargo shipment last month after disclosing it had reached first production at the facility. Delays in installation and a malfunction in April have pushed the project’s timeline by several months.
In July, the company closed a $700 million loan for a second FLNG unit, being developed in partnership with CFE. Completion of the second unit was targeted for the first half of 2026.
The FLNG units and successive onshore phases are supplied feed gas by CFE’s gas marketing arm, CFEnergía, from the Agua Dulce Hub in South Texas via the Valley Crossing pipeline. CFE transports volumes on the Sur de Texas-Tuxpan pipeline.
NGI’s forward fixed prices at Agua Dulce for September delivery were $1.598/MMBtu as of Friday. Summer 2025 prices were trading at $2.535. Agua Dulce basis prices were quoted 46 cents below Henry Hub for summer 2024, and 49.3 cents below the benchmark for summer 2025.
Related Tags
New Fortress Energy
Altamira LNG
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Can u post the full article..I canceled my subscription to NGI when Ward basically cancelled shareholders..MRGE is supposed to be storage not LNG..thanks
https://www.naturalgasintel.com/news/nfe-targets-first-altamira-lng-shipment-by-mid-august/
No mention of MRGE- maybe an old map? Are there 5 projects that will be approved shortly- rumors?
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Announced Projects:
1) CENOTE ENERGY S. de R. L. de C. V. (Subsidiary of Mirage) - Burgos Hub Storage & Natural Gas Pipeline, a US-Mexico development consisting of cross-border transportation and the first underground natural gas storage facility in the country of Mexico. When fully developed, Mirage’s natural gas storage facility will be the largest natural gas storage facility on the North American continent.
2) WPF MEXICO PIPELINES S. de R. L. de C. V. (Subsidiary of Mirage) - SAN FERNANDO/CACTUS. 42" diameter pipeline interconnected to proposed storage facility with interconnects to Station #19 and Los Ramones all on Mexico's National Pipeline System. Including interconnecting and rehabilitating a existing 48" pipeline running all the way to the Isthmus Corridor thus bringing abundant supply of natural gas to the southern region of Mexico. Approximately 1000 miles.
3) NORTHERN HEMISPHERE LOGISTICS, S. A. P. I. de C. V. (Co-Ownership with Mirage) - ISTHMUS CORRIDOR. Includes rehabilitating dock facilities at Coatzacoalcos Veracruz on the Gulf of Mexico side with new monobouys. Rehabilitating 30" & 48" lines running from Coatzacoalcos to Salina Cruz Oaxaca, dock and monobouys in the Pacific side, this including the pumping stations along the track and tankage on both side of the Isthmus.
4) MIRAGE ENERGY CORPORATION - Announces it has signed an agreement with ENERGY AGENCY OF THE STATE OF PUEBLA to develop a pipeline infrastructure project to deliver natural gas to the state and various industrial parks with in the state. This includes the delivery of 500 mmbtupd of natural gas thru this pipeline project. Total estimates cost for development of this project is expected to be s $300 million USD.
========= Projected revenues of all projects have been estimated at $1.5 - $2.5 Billion with Net Income ranging from $500 Million to $1+ Billion ==========
(See chart at the bottom for potential share price scenarios using these estimates)
June 5, 2023
MIRAGE ENERGY CORPORATION AND ITS SUBSIDARIES, ANNOUNCE THE SIGNING OF A BINDING MOU AGREEMENT FOR THE DEVELOPMENT/TRANSPORTATION WITH GRUPO CONSTRUCTOR HERMED, S.A. DE C.V.
MIRAGE ENERGY CORPORATION (OTC PINK: MRGE) and its subsidaries announces it has signed a binding Joint Venture Development Agreement/ Transportation Agreement and off-take agreement.
This agreement BETWEEN Mirage and Grupo Constructor Hermed, S.A. de C.V. is for the development of three projects Mirage and its subsidaries have been devoting time and money.
June 16, 2020
Mirage Energy Corporation and Northern Hemisphere Logistics, Inc. Sign $4 Billion Debt Financing With Bluebell International, LLC for Development of Three Projects Including Pipelines, Natural Gas Storage and Isthmus Corridor Project
Mirage gets 25% ownership in multi-billion dollar projects WITH ZERO DEBT
https://www.globenewswire.com/news-release/2020/06/17/2049382/0/en/Mirage-Energy-Corporation-and-Northern-Hemisphere-Logistics-Inc-Sign-4-Billion-Debt-Financing-With-Bluebell-International-LLC-for-Development-of-Three-Projects-Including-Pipelines-.html
Mirage Energy Corporation Signs Agreement with Northern Hemisphere Logistics, S. A. P. I. de C. V. To Participate in the Development of the Isthmus Corridor Project
March 16, 2020
https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1553878
June 11, 2020
Mirage Energy Corporation Signs Agreement with the Newly Formed Energy Administration of the State of Puebla for Development of Pipelines
https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1623065
May 20, 2020
Mirage Energy Corporation/Northern Hemisphere Logistics, S. A. P. I. de C. V. Signs Agreement with Mexico Labor Union "El Sindicato National De Infraestructura" for the Support and Cooperation on Respective Projects for Each Company
https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1607525
October 8, 2019
Mirage Energy Corporation Wholly Owned Subsidiary, WPF Transmission, Inc., Announces the Signing of an Interconnect Agreement With Whistler Pipeline LLC.
https://www.globenewswire.com/news-release/2019/10/08/1926360/0/en/Mirage-Energy-Corporation-Wholly-Owned-Subsidiary-WPF-Transmission-Inc-Announces-the-Signing-of-an-Interconnect-Agreement-With-Whistler-Pipeline-LLC.html
MOU announced with a billion dollar company, (TrailStone NA Asset Holdings, LLC):
https://finance.yahoo.com/news/mirage-energy-enters-mou-reserved-120000683.html
Trailstone is a subsidiary of Riverstone, "Riverstone is an energy and power-focused private investment firm with $38 billion of capital raised":
https://www.riverstonellc.com
Advantages of Isthmus project = Worldwide implications = HUGE $$$ saved
(from board member: PennyStockTrader2)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156268062
The following table is a reference to how one might come up with PPS for Mirage. There are obviously a lot of variables here, but since PPS is often talked about in terms of PE ratio, I thought I would use that as a guide.
I assumed the outstanding count would climb to around 650 million, where 200 mill preferred shares are held by the CEO and not traded, and so I also did a calculation based on 450 million also.
The worst case scenario in the table is 200 mill net earnings and a P/E ratio = 10, yielding a $3 stock. I say worst case in light of P/E ratio where ratios of other midstream pipeline companies.
June 24, 2021
https://mexicobusiness.news/energy/news/natural-gas-storage-remains-do-list
US-based Mirage Energy discussed a 786Bcf storage project with MBN last year. With a capacity as large as this, the project would immediately become the largest single natural gas storage facility in North America. “We are not developing this only as a strategic reserve but as a commercial operation of which industrial players can benefit,” said CEO Michael Ward. As of June 2020, funding for the project has been secured. Now, all Mexico’s government would need to do is give it a green light.
October 5, 2021
Mirage Energy Corporation Pays Off Debt To Power Up Lending
https://www.accesswire.com/666888/Mirage-Energy-Corporation-Pays-Off-Debt-To-Power-Up-Lending
SAN ANTONIO, TX / ACCESSWIRE / October 5, 2021 / MIRAGE ENERGY CORPORATION (OTC PINK:MRGE) announces it has paid off its debt to Power Up Lending as of October 2, 2021. This should be a stabilizing factor to our stock. Furthermore, Mirage no longer has any overhanging notes to affect our market.
Mirage continues to move forward on our US/MEXICO projects with great success being made on all fronts. We are looking forward to closing on these in the very near future.
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