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Hey kaeamrjs
if JK is still involved with this stock it is a scam
COH how did you know the stock was going to run
before any news was put out that gives me warm fuzzies
lets see insiders run stock up and then issue free shares
to themselves and sell back down to .001
classic pump and dump
get this POS to 4.00 and I can unload and take minimal loses
before JK and the boys run her back down
Read this article and look towards the end
Mirage can fill this bill also look at the
names of the oil companies
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=12&cad=rja&uact=8&ved=2ahUKEwiH2JOR1_zeAhVLgK0KHbULCZAQFjALegQIAhAB&url=https%3A%2F%2Fwww.spglobal.com%2Fplatts%2Fen%2Fmarket-insights%2Flatest-news%2Fnatural-gas%2F090618-concerns-raised-in-last-stage-of-pemex-gas-contract-release-program-in-mexico&usg=AOvVaw3ZSfLGca5MyI02sweRzCda
Read this article this is what happens when you don't
do your due diligence of getting permitting and knowing
how Mexico works. takes years to get all the approvals
good thing we have all our permitting and the Mexican
Government on our side
https://www.chron.com/business/article/TransCanada-cancels-500-million-pipeline-in-13405207.php
Bio at the Conference Last Week
Speaker Bio
Mr. Michael Ward
Mr. Michael Ward
President & CEO
Mirage Energy Corporation
Speaker: Getting gas to markets in Mexico - Pipeline & Storage Infrastructure updates
Michael became President and CEO of Mirage Energy Corporation in May of 2016. Michael was born in Corsicana, Texas in Navarro County. Michael has more than 45 years of diversified experience as an oil and gas professional. He was educated in Business Management and administration at Southwest Texas State University and the University of Texas.
Michael has vast experience in the capacity in which he successfully served in operating oil and gas companies in the United States. Early in his career, Michael was a production and drilling superintendent with Century Energy Corporation where he supervised 300 recompletions and new drills in Duval, Nueces, San Patricio, Jim Wells, Karnes, Dimmit, Maverick & Zavala Counties of Texas. In addition to Texas, Michael also drilled over 40 wells in Illinois and Kansas.
With his association with Omega Minerals, Inc., he was Vice President and part owner. Michael spent several months in the United Kingdom and Europe arranging a public offering on the U. K. Exchange. Michael was President and owner of Major Petroleum Corporation. He drilled, completed and produced 42 wells in South and West Texas counties. The company was sold.
He then founded Tidelands Oil and Gas Corporation, a publically traded corporation, where he served as President and CEO for 13 years. Tidelands was involved in production and exploration, drilling, gas processing and pipeline transmission. The company was instrumental in creating an expediation process for cross border transmissions from Texas in to Mexico. A process that normally takes 3 years was completed in 6 months with the help of the Texas Railroad Commission, FERC and PEMEX.
Caption of Tuesday afternoon at the conference when Michael spoke
you can see him about 39 seconds and also at the end into this short clip
Not Pipeline ....Largest Storage Field in. North
America
Wise man I showed my wife this post. She hurled
Only 26 followers on this board
Most of us here have been together for years
mostly thru thin This is our penny stock
Of a life time
You guys are a great bunch
Our reward is upon us
rule of thumb around 100,000 per inch mile
42" inch pipe 420,000 per mile
36" inch pipe 360,000 per mile
they want to put in 274 total miles
some in Mexico some in US
some 42" some 36" my guess around 900 million
Just a few tid bits
Natural Gas Pipeline has to have a pumping station
about every 50 miles it can have pressures up to 1500 PSI
and travels about 30 miles and hour.
that's moving some serious gas
also going from 36" to 42" adds about 30 to 35%.
Count me in
Macod
at todays Gas Price 150000MMBTU Trailstone will make
2.2 million dollars a day for 10 Years
don't know what the cost of transporting over pipeline
would be but this is some serious cash for them
Anyone want to pay my way to the Conference
US-Mexico Natural Gas Forum
Note: New Hotel This Year!
Registration Types and Fees
Your Conference Registration includes access to all Sessions, Keynote Lunch, Networking Breakfasts & Breaks, and Cocktail Reception as well as a copy of the Conference Program. Optional Networking Activities are available at an additional cost.
(All fees are in U.S. Funds.)
Standard Registration
Regular paid attendees. All attendees not qualifying for specific categories below.
Conference Registration – $1495.00
Optional Networking Activities – $195.00
How hot does this meeting look all the top oil and gas executives
in Michaels home town talking about Natural Gas from US to Mexico. look at the names can you say Ballistic.......
US-Mexico energy leaders meet at the 2nd annual US-Mexico Natural Gas Forum, November 12-14, 2018, in downtown San Antonio at the Westin Riverwalk.
HOUSTON (PRWEB) November 07, 2018
Several hundred oil and gas industry executives and thought leaders convene next week in San Antonio, TX to analyze and discuss the market, and negotiate transactions to buy, sell and transport natural gas from the U.S. to Mexico. Of particular interest for meeting participants is a series of recent policy announcements by new President of Mexico, Andres Manuel Lopez Obrador (AMLO) that impact previous plans for liberalization of the Mexico energy industry. The 2nd annual US-Mexico Natural Gas Forum takes place November 12 – 14, 2018 in downtown San Antonio.
The US-Mexico Natural Gas Forum is part of the LDC Gas Forum and Gulf Coast Energy Forum series that consists of six annual events, each focused on key natural gas market regions across North America. These events are much more than simply conferences in that in addition to gathering insights on critical issues affecting natural gas markets, participants also meet with industry counterparts to complete business transactions.
Mexico enacted energy reform measures in 2013 that ended the near-monopoly held by state-owned Petróleos Mexicanos’s (Pemex). Since then, there has been a race to access this market by U.S. natural gas producers, marketers and pipeline operators. As a result, this is now an extremely dynamic market with numerous companies vying for market share.
The challenge for new entrants and participants in this market is to uncover commercial potential, understand the complexities of the regulatory framework, and identify the market and competitive landscape.
The 2 1/2 day program format is carefully structured for market participants to obtain insight about market developments, network with new and existing colleagues, and ultimately conclude transactions involving purchase, sale and transportation of natural gas. Keynote presentations will be delivered by Dr. Jim Duncan, Director, Market Research, ConocoPhillips; Orlando Alvarez, President & CEO, BP Energy Company; Mike Howard, Chairman and Chief Executive Officer, Howard Energy Partners; and Guillermo Turrent, CEO, CFEnergia (Mexico).
In addition, six panel presentations will address a wide variety of market aspects, with representatives from: ENGIE, Allegro, OPIS PointLogic, S&P Global Platts, NextEra, Rice University’s Baker Institute, ICIS, RJ O’Brien and Associates, Euler Hermes Energy, Natural Gas Intelligence (NGI), Tenaska Gas de Mexico, CENAGAS (Mexico), Kinder Morgan, Enbridge, Mirage Energy, ICF, Cacheaux Cavazos & Newton, CRE (Mexico), National Hydrocarbons Commission (Mexico), ConocoPhillips, BP Energia Mexico, Shell Trading Mexico, and CFEnergia.
Mirage Energy enters into a MOU for reserved capacity on its Concho Line
OK News but where is the Beef
via OTC PR WIRE -- MIRAGE ENERGY CORPORATION MRGE, +0.00% announces it has entered into a non-binding memorandum of understanding for reserved capacity on its planned natural gas pipeline connecting Texas mainlines to M?xico's national pipeline grid, SISTRANGAS.
The memorandum of understanding with TrailStone NA Asset Holdings, LLC ("TrailStone") sets out the terms on which TrailStone can purchase 150,000 MMBtu per day of reserved capacity for 10 years at a fixed tariff for the transportation of natural gas from the Banquete / Agua Dulce area to Station 19 and Los Ramones interconnection points on SISTRANGAS in M?xico. TrailStone is a partner in the recently commissioned Banquete Header as well as the commercial operator of that facility.
Mirage is planning a 42-inch diameter pipeline system that is being developed concurrently in four sections: (i) a 46.2-mile bi-directional pipeline known as the Concho Extension connecting pipelines in the Banquete / Agua Dulce area to Falfurrias, Texas, where an additional interconnect to Transco is being considered; (ii) a 93.9-mile bi-directional pipeline known as the Concho Line connecting the Concho Extension to a new international crossing at the M?xico border near Progreso, Texas, known as the Progreso Crossing; (iii) a 36-mile bi-directional pipeline known as the Progreso Pipeline connecting the Progreso Crossing to PEMEX's Station 19 in M?xico; and (iv) a 67-mile bi-directional pipeline known as the Progreso II Extension connecting the Progreso Pipeline at Station 19 to the Los Ramones interconnect in M?xico. A 14-mile bi-directional pipeline known as the Storage Line connecting the Progreso Crossing to the Brasil Storage Field in Tamaulipas, M?xico is also being contemplated.
Macod. I appreciate what you are saying but this stock is different
The big boys and mutual funds already know
What the revenue will be when gas starts to flow
So I believe they will take the stock up to heights
That will stagger us
Before there is one cubit foot of gas flowing
Jonsmile take out the ask to .05
Make these low bidders squeal
They are playing with a time bomb
Hey all you bidders better get to slapping that ask
It’s not going to come down to you anymore
Jonsmile the more I think about it I believe you could be right
If this deal gets done will go from no money toxic shares
To a major player in Natural gas in Mexico with the largest
Storage field in North America. We are starting to realize
The magnitude of potential here. Wouldn’t you think all the major
Players in this field don’t know it. Can you say MAJOR GAP UP
We ain’t in the minors anymore REV
Well if and when news is put out someone told me this will GAP UP
If you don’t get in before news you will be left in the dust
Also was told news would be BIG
Penny with the amount of stock you own
you must feel real confident in Michael
and what he has laid out before us all
if he pulls this off you may as well
get the tickets ordered. this stock
price will sky rocket.
I am in lets go somewhere warm.
wow and what do you base that on
Penny
Mirage goes to a let’s say Whitehall and presents
there plan they have permits ,favor with Mexican government
They have 10 users with letters of intent several suppliers
wanting to get there cheap gas over to Mexico
Mirage has lined up a construction company to install
Whitehall see the secure potential and loans the money
At a very nice rate for them.
Mirage pays the loan off in short order. Leaving the shareholders
To receive nice dividend checks every year
Hopefully they don’t need a partner IMHO
VFIN just jumped in on ask for 250000
hey you bottom dwellers no more
rock bottom shares they are gone
going to have to step up to the plate
and hit the ask. and the ask is mighty
thin. 100000 shares will take us to .048
hopefully in short order you will be saying
I wished I would have gotten in under 10 cents
this deal gets done there are plenty of eyes
that know what this stock is really worth
get in or get run over. this is massive
VFIN is gone
Level 2
.0165 36366
.0180 19720
.0199 23500
.0219 30000
.0220 101000
take em all out Jon
Gotta Love Pennyland
AMF# 508 Followers
MRGE 18 Followers that says Merge Healthcare LOL of a future NYSE stock which will pay a yearly dividend more than we paid for the stock if you hold it till
revenue starts coming in 18 months to 2 years
the delays and toxic loans has given us an opportunity
of a life time. if and when Michael can complete the financing
this will run so fast past AMF# and never look back IMHO
I got mine early can you say 3.0
Level 11
on the Ask .0183 10000 VFIN
.0184 187500 NITE
.0199 23500 CDEL
yep Jonsmile that is what I got excited about
Another nice read
Plans for Natural Gas Storage in Mexico Generate Talk of Hub for International Distribution Network
January 9, 2018
NetworkNewsWire Editorial Coverage: Despite their huge reserves of natural gas, three of South America’s largest economies — Argentina, Brazil, and Venezuela — are net importers of the precious commodity and are likely to remain so for quite some time. Natural gas consumption on in South America is rising, particularly because of its usefulness for generating electricity. In 2015, regional demand was 145 billion cubic meters (BCM). By 2030, that demand is expected to climb by over 30 percent to 191 BCM, according to the Institute of Energy Studies at Oxford University (http://nnw.fm/fdR9G). A lot of the demand is presently being satisfied by imports of liquefied natural gas (LNG), which started in 2008. However, for decades before that, local stakeholders were attempting to increase production and integrate distribution and supply. Those efforts are likely to get a boost as the global market for gas expands and companies with natural gas interests, such as Mirage Energy Corp. (OTC: MRGE) (MRGE profile), NextEra Energy, Inc. (NYSE: NEE), TransCanada Corp. (NYSE: TRP), Kinder Morgan, Inc. (NYSE: KMI), and Energy Transfer Partners LP (NYSE: ETP), sign new supply contracts. Mexico may end up playing a significant role in linking South America to world markets; Mexico already imports large quantities of natural gas from the United States. Now, with new pipelines and storage facilities set for construction by Mirage Energy Corp. (OTC: MRGE), the federal republic is in a position to develop a gas-trading platform that may one day rival Henry Hub.
The market for natural gas is undergoing a sea change. Historically, it consisted of bilateral agreements between parties who sought out trading partners. Geography mattered; transportation costs could increase prices substantially for far-flung customers. That resulted in a market that is substantially a collection of regionally linked entities. However, the geographical flexibility of LNG shipments offers the possibility of making the market a truly global one. LNG also encourages the development of regional markets by complementing land-based pipeline distribution networks. This could, in turn, lead to the creation of hubs, which are platforms or places where natural gas can be bought and sold. Hubs provide natural pricing benchmarks and the ability to compare prices from competitive sellers. The transparent market they offer not only increases liquidity but reduces price volatility and, consequently, risk, which is perhaps why projects now in their genesis being undertaken by Mirage Energy are being viewed with such interest.
Mirage Energy Corp. is an international natural gas storage and transportation company based in Texas. It is planning to build an integrated pipeline system traversing Mexico and connecting the United States to a gas storage facility in Mexico. The company and its wholly owned subsidiaries are in the process of securing the necessary permits from the associated regulatory agencies to run the transmission pipelines from various border locations in Texas to the company’s storage facility in Mexico. No underground LNG storage facilities exist currently in Mexico, but the country’s Energy Ministry is prepping a depleted former energy field for gas storage in the northwestern state of Tamaulipas near the border with Texas, according to industry publication Natural Gas Intelligence (http://nnw.fm/zRV2s). Further geological study is surveying additional potential sites for underground storage facilities, according to the article.
The pipeline network will be made up of two Mexican conduits linked to two U.S. ones. In July 2017, MRGE announced the completion of the engineering designs for its 36-inch natural gas Progreso Pipeline (http://nnw.fm/951tU). The Progreso pipe will connect to the company’s international crossing at Progreso, Texas, and continue south through the Mexican state of Tamaulipas to the company’s planned storage field in Mexico, making several interconnects with off-takers along the way. Shortly after the announcement, the company also heralded the completion of the engineering designs for its 36-inch natural gas Arguelles Pipeline, which will connect to the company’s storage field in Mexico and travel west, making interconnects to the major trunk lines in Mexico (http://nnw.fm/5LZmW). Mirage is working hand-in-hand with Cenagas, the government agency that controls the national pipeline system of Mexico, to pinpoint exact locations for its pipeline tie-in points on the national system. Both 36-inch pipelines will be bidirectional, allowing gas to be injected into and extracted from the underground storage facility that Mirage is developing.
The Progreso and Arguelles pipelines, each with a planned capacity of 500 million cubic feet (MCF) will connect suppliers and end-users. They will link to two bidirectional pipelines in the United States: the 95-mile Concho pipeline and the 68-mile Cochise pipeline. The 36-inch Concho pipeline will connect at the company’s international Progreso crossing (http://nnw.fm/Lg6RO) and will be bidirectional, initially exporting gas from the United States into Mexico with the ability to later import natural gas to the United States. Presently, the flow is all south to Mexico. Cochise, of similar capacity, will supplement its sister pipeline.
However, the centerpiece of the Mirage project is the proposed natural gas storage facility. The ability to store large amounts of gas will allow less dependence on the supply chain. Mirage’s storage facility is expected to have the capacity to hold 786 billion cubic feet (BCF) of natural gas at the depleted reservoir. When fully developed, the facility will give the country a secure natural gas supply for one year in the event that all gas production or shipments were shut down for any reason. In addition, Mexico will now be in a position to establish a natural gas hub that is likely to increase the country’s influence in the industry while reducing price volatility.
It’s possible that some of the gas crossing the Rio Grande may come from production facilities in which NextEra Energy, Inc. (NYSE: NEE) has an interest. The utility company, based in Florida, has been investing in shale gas production since 2008. Today, according to information on its website, it has “more than $2.7 billion deployed in several shales around the country” (http://nnw.fm/dEhx6).
Increased U.S. gas production also spells good tidings for TransCanada Corp. (NYSE: TRP). The company operates a pipeline network stretching for approximately 46,564 miles (68,500 km) that connects with virtually all major gas supply basins in North America. And naturally, the same applies to Kinder Morgan, Inc. (NYSE: KMI), America’s largest infrastructure company. About one-third of U.S. natural gas supplies moves through the Kinder Morgan system, according to Fortune (http://nnw.fm/YcES6). But perhaps better known than TransCanada or Kinder Morgan, Energy Transfer Partners LP (NYSE: ETP) is the company responsible for developing the controversial Dakota Access Pipeline. The group to which it belongs owns approximately 71,000 miles of natural gas, natural gas liquids, refined products, and crude pipelines.
As the natural gas industry continues to develop, LNG is breaking down barriers between regional markets. In the long term, this may ultimately lead to an integrated global market. In the shorter term, it is expected to gain geographical reach through the development of a natural gas hub like the one now anticipated by Mirage in its planned storage facility and pipeline project under way in Texas and Mexico
Read this article if this doesn't give you warm fuzzes nothing will. this guy knows more than we do
For Mirage Energy (MRGE), Everything’s Big In Mexico
By CNA FinanceStock Markets Jul 26, 2017 11:50AM ET
With the revival of the oil and gas exploration industry, it's no secret that many emerging companies are finding innovative and economical ways to extract the precious minerals from the ground. What was once a game for the oligopolist giants in the industry has become a far more level playing field, allowing small and emerging companies to utilize innovative and inexpensive synergies that offer great opportunity to capitalize on either production or storage initiatives.
What hasn't changed, though, is that the oil and gas exploration business is still a boom or bust prospect. But, even so, the rewards for success can be a thousand times greater than the loss, and opportunity is ripe for the taking on a global scale. And, speaking of the global opportunity, a particular company is putting the pieces in place to undertake one of the most ambitious multi-billion dollar mid stream projects ever to be constructed in Mexico, and you're entitled to an introduction. Meet Mirage Energy Corporation (MRGE).
Now, what MRGE is working to put in place is no run of the mill project. In fact, the uber-ambitious plan being spearheaded by longtime oilman, Michael R. Ward,won't require his company even to purchase a pump, or use 3D seismic technology, or utilize any of the new innovative instruments that some companies are using to hedge their bets and stay away from dry holes.
No, MRGE wants to do something far less risky...they simply want to store natural gas product for their customers. And, since natural gas is continuing to be brought to the surface for sale to an increasing marketplace, MRGE's business strategy is likely to be met with strong demand. What should make the project more enticing to investors is that MRGE is attempting to do what no other company has ever done before in Mexico, and once implemented, has the potential to return to the company a billion dollar payday. Even better, the project can be duplicated by MRGE throughout the country of Mexico.
The project is expensive, but with creative financing options, MRGE expects to place the first underground natural gas storage facility inside the Mexican borders within the next eighteen months. To accomplish this aggressive pace of construction, MRGE needs permits, and it's assuring to note that MRGE has nearly all of the permits ready to file. And, with these allowances lining up for project commencement in late 2017, MRGE's historic project may reap enormous benefit from its almost three-quarters of a billion BCF gas storage unit that producers have shown tremendous interest in using. So much so, that MRGE has told the markets that the completed storage unit is expected to be fully leased based on current interest.
The project isn't simple, but the company is well on their way to fulfilling their objective by taking advantage of strong relationships within the Mexican regulatory agencies and from expertise provided by a host of reliable and well-respected industry contractors. If all plays out according to plan, MRGE is expected to have the project completed by late 2018 - and, here's how the project should flow.
What's in the Pipeline?
Before we get into the details, allow me to provide a summary of what the company plans to do, and why it has the potential to return a huge profit for investors. As stated earlier, MRGE intends to construct a massive natural gas storage facility in Mexico, allowing the company to provide a much-needed service to producers and suppliers of natural gas. The project is scheduled to construct an initial underground storage field, with capacity set to house 52 BCF of natural gas in the first phase of the project. Upon completion, storage capacity is expected to house roughly 786 BCF, making it oneof the largest natural gas storage facilities of its kind.
The scope of the project provides for an integrated pipeline that can transfer and store natural gas for any entity willing to pay the storage fee, making it both accessible and available to any production or supply company. The transmission pipelines, which deliver the gas, are being designed to add 800 mmcf per day into Mexico. This increase is necessary because currently less than 70% of Mexico's consumption of natural gas is produced in the country, making the market unstable and potentially prone to disruption for its infrastructure requirements. What MRGE is looking to do, besides creating significant shareholder value, is to provide a means for Mexico to secure itself with energy security and stability by allowing for reserve replacement and price effective marketing.
The MRGE project should pique the interest of those with an understanding of Mexico's current economic climate, as the country's government is working to improve self-stability and growth in the wake of rising US import costs. Fearing a dependence on US natural gas imports, Enrique Peña Nieto, the president of Mexico, has passed eleven national reforms to strengthen the country's self-sufficient capabilities. Mexico plans to invest over 170 billion pesos (roughly $9.6 billion USD) into over 10,000 kilometers of new pipelines during the next few years, a plan designed to accommodate the country's continuously increasing supply of natural gasses. Projections site that natural gas needs are expected to rise to 10,400 million cubic feet (mcf) in 2025 from the current 5,700 mcf. With all this in mind, investors should be able to see that projects focused on natural gas opportunities in Mexico are ripe for the taking, and MRGE has entered the sector at a fitting time.
Now, MRGE may have taken on an ambitious strategy to build this facility, but the company management does have the skill to back up their plans. The company's President and CEO, Michael R. Ward, has over 45 years of experience in the oil field and has laid down a solid foundation for the upcoming years at Mirage Energy Corporation. Well in the process, MRGE is close to securing all necessary permits through Mexico's regulatory agencies for natural gas storage and expects to receive final approval to begin construction by the last quarter of 2017.
Already, MRGE has been steadily acquiring the required documents to file by working through the administrative procedures with CNH, CENAGAS, SENER, and CRE, the governing oversight which all play a crucial role in granting permission for the project
The company has also already started work on structural procurement and plans to continue doing so for the next few months. Of course, the process of building a natural gas storage facility requires a substantial sum of cash, and CEO Michael R.Ward has already set numerous plans in motion to help MRGE secure an adequate supply of funding to realize the company's goal without any unexpected setbacks. For example, the company is likely to see funds coming in through new partnerships or working interests that may become likely later in the construction schedule; Ward has even spoken about laying off some of his ownership of the company as collateral should it prove necessary.
Start-Up Plans In September of 2017
Construction, estimated to commence in September of 2017, is the next step in MRGE's playbook. The company has selected six preferred contractors and is in the process of negotiating the most beneficial contract to maximize profit. Each contractor that MRGE has engaged is experienced and well-respected in the business, specializing in pipeline and industrial plant construction. Exterran, one of the company's top choices, is well known as a premier contractor in the industry.
Headquartered in Houston, Texas, Exterran offers solutions to nearly all of MRGE's construction needs, from the pipeline to the facility. Arendal, another preferred contractor to MRGE, is a respected contractor headquartered in Monterrey, Nuevo León. Having participated in over 63% of pipelines built in the last ten years, Arendal is committed to developing Mexico's energy infrastructure through their construction of pipelines, industrial plants, and other civil works. Along with these two companies, MRGE also has a slew of subcontractors, and other vendors to choose from should additional services prove necessary. However, regardless of who MRGE continues to work with, the options in place provide confidence in allowing the company to complete their project plans in line with their aggressive schedule.
Clearly, Mirage Energy is a small company with massive plans, which is a combination that may raise the eyebrows of many investors. But, as shown by their detailed timeline and already considerable progress, MRGE knows what they are doing, and are dedicated to action. And, if everything continues to fall into place for MRGE, profit for the company and investors could be substantial.
Ambition Plus Demand Equals Enormous Potential
Taking the sum of the parts, the project by MRGE may seem mighty ambitious for a small company. But, in actuality, MRGE may have found the right niche, the right country to pitch the plan, and a customer base that is eager to use the facility. Investors who failed to recognize oil field ingenuity have lost many historic paydays, and not taking MRGE seriously may again lead to missed investment windfalls. No, this deal is not a sure thing, but, investors who have been around for awhile have learned to not judge an investment from its name only, but to look beneath the surface of a deal to see hidden opportunity that can return gains along the way.
Perhaps that is what is intriguing about this deal. With MRGE already well into the licensing process in Mexico, the company opens itself up to partnership opportunity from much larger players that join the vision and understand the potential of the completed project. Keeping in mind that this is only the first storage facility planned, the revenue opportunity can grow exponentially when accounting for potential future development. With company management having the ability to make deals and incorporate creative ways to finance the project, chances lay in favor of MRGE completing the storage project.
Once done, it becomes a cash cow, and managing a facility has far less risk than owning a rig, pump, or a fracking drill. All in all, investors who believe that MRGE can raise the capital, either through partnership, leverage, or capital raises, should find an investment into MRGE a potentially lucrative opportunity. For those who usually watch from the sidelines, the view may get somewhat frustrating, especially when pieces of this project begin to come together in a meaningful manner.
Avoiding ambitious projects remains a mainstay to investors with a conservative investment style. However, for those who keep a portion of their investment dollars set aside for high-risk, high-reward opportunities, MRGE may be the ideal candidate to deliver exponential gains. But, as with all investments, only risk what you can afford to do without, and always stay apprised of news and company developments. With the MRGE project set to undertake multiple phases before completion, investors can expect to be kept informed on project milestones, allowing for accretive gains in shareholder value along the way.
Disclaimer - I/We have no positions any any stock mentioned herein
You don't think the big boys are keeping an eye on MRGE
another article I found
CNA Finance Investor Team following MRGE closely
Mirage Energy Corporation (MRGE) announced some pretty interesting news this morning, and for those following the company, this is likely leading to excitement. The company announced that it has completed key engineering designs.
MRGE Completes Engineering Designs
As mentioned above, Mirage Energy Corporation announced today that it has completed key engineering designs. The designs were completed through the company’s wholly owned subsidiary, known as WPF Mexico Pipelines, S. de R. L. de C.V. These designs surround its 36-inch natural gas pipeline that has been named the Arguelles Pipeline.
This pipeline is a key part of bringing natural gas stability to the country of Mexico. This particular pipeline is designed to connect to the MRGE storage field in Mexico and travel West, interconnecting to the major trunk lines in Mexico.
In order to make this all happen, MRGE is working with the government agency that controls the natural pipeline system in Mexico, known as CENAGAS. In working with CENAGAS, MRGE will pinpoint exact locations for its pipeline tie in points.
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What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on MRGE. In particular, we’re interested in following the ongoing work the company is doing to bring one of the world’s largest underground natural gas storage facilities to Mexico. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks
Doesn't look like he does much for the company
Vice President Of Marketing And Business Development
Company Name
Mirage Energy Corporation
John Dosser
Dates Employed
Nov 2010 – Present
Employment Duration
·7 yrs 11 mos
Location
San Antonio, Texas Area
Responsible for all marketing material and creative designs for a start-up oil and gas company.
- Develop, publish and maintain company website
- Design and implement company branding (including: logos, business cards, graphics, etc.)
- Establish and manage relationships with third-party vendors to ensure company standards on marketing materials
- Photograph company projects for both website and large format showcase prints (including a 45 day long time lapse project)
- Write employee handbook and business plan
- Manage relationships with both clients and vendors
Doing a little more surfing and found this he has the whole
family involved
Elizabeth Yañez-Dosser •
3rd degree connection
3rd
Environmental Manager at Mirage Energy Corporation
San Antonio, Texas Area
Elizabeth Yañez-Dosser
Mirage Energy Corporation Texas A&M University Texas A&M University
See contact info
Currently providing environmental permitting and GIS support for several midstream and natural gas storage projects.
Lets hope we can make our money back and then some
In Short they don't have enough pipelines and no storage
and state run Pemex and CFE not expanding they are looking
for Private investors to help balance out there need for
storage and added pipelines in there gas system. with Mexican
run Utilizes behind our project we will be able to get thru the environmental quagmire quicker than normal.
can you say Win Win Win
Mexico’s Natural Gas Dilemma
By Jude Clemente - Feb 12, 2018, 12:00 PM CST
Natgas
Mexico’s 2013 energy reforms are based on bringing in more competition for the two state-owned monopolies that had become too stagnant, Pemex (oil and gas) and CFE (electricity). One of the key areas with huge upside for foreign firms is the very expensive process of natural gas storage, which is critical for Mexico as it moves to replace overused fuel oil and reduce GHG emissions to meet climate change goals.
Despite rapidly declining production, Mexico is one of the most natural gas dependent nations on Earth. Gas now supplies 45 percent of all energy and 60 percent of electricity. Mexico has been forced to increasingly depend on cheaper piped imports from the U.S., which at 4.5 Bcf/d now account for about 55 percent of Mexico’s total gas usage. Much more gas will be required. Per capita, Mexico’s 130 million citizens consume just a third of the electricity that other OECD nations do. Additionally, there is a manufacturing boom in Mexico, namely in the automotive industry that will use increasing amounts of natural gas.
Currently with no underground sites, gas storage in Mexico will help even the market out — especially during high-demand times — and smooth bottlenecks that needlessly increase prices. Mexico now utilizes three LNG import terminals for short-term balancing, but this pricier supply is a problem for a nation where 50 percent of the people live below the poverty line. Mexico has been the largest buyer of U.S. LNG due to its dearth of pipelines. As seen during Hurricane Harvey, where officials had to force industrials to curtail operations, Mexico remains vulnerable to supply disruptions north of the border.
Found an article June 1 2018
10 Letters of intent signed to store gas in Brasil Field
Supplier and Buyers all wrapped up in a nice package
Mirage Energy has signed 10 letters of intent with companies interested in acquiring capacity at its storage project for the Brasil Field, located near the US-Mexico border close to Brownsville, Texas, and currently connected to Cenagas' Sistrangas system. The field is the largest of the four preselected fields by Cenagas for the nomination process. Mexico's National Hydrocarbons Commission estimates its original gas volume to be 552 Bcf. The next-largest field is Acuyo, with an original gas volume of 51 Bcf. It is in the southern state of Chiapas 20 km from Sistrangas. Saramako has an original gas volume of 40 Bcf. It is in the southern state of Tabasco, 14 km from Sistrangas. The smallest field of all is Jaf, which has an original gas volume of 21 Bcf. The field is located in the Gulf state of Veracruz, 5.8 km away from Sistrangas.
As part of its proposed storage project, Mirage proposed to build two cross-border pipelines in southern Texas with a combined capacity of 1 Bcf/d.
Major Holders
Shareholders as of 11/30/17
looks like Sadru Karim a Portfolio Manager out of Australia
must have keep the ship afloat financially the last few years
Name
Shares Held
As Of Date
Michael R. Ward 135.91M
Sadru Karim 62.14M 11/30/17
Patrick Dosser 6.3M 11/30/17
John Dosser 6.3M 11/30/17
David J. Cibrian 50K 11/30/17
Soll Sussman 50K 11/30/17
Alejandro Amelio 50K 11/30/17
wow Michael has really got a grasp of what it takes to get
a project done of this size
SAN ANTONIO, Feb. 2, 2017 /PRNewswire/ -- MIRAGE ENERGY CORPORATION (OTCBB: MRGE) announces that it has engaged the services of a world class consulting and engineering firm, PROJECT CONSULTING SERVICES (PCS), to develop the routes for two pipelines from Texas to the International Border of Mexico as well as two pipelines from the International Border into various markets within the country Mexico. In addition, PCS will be managing construction and procurement for the project. For more information about PCS, go to: www.projectconsulting.com.
MIRAGE ENERGY CORPORATION announces that it has engaged the services of MARCOS Y ASOCIADOS (MyA) of Mexico City as their Energy Consultants. MyA's core business is the provision of specialized advisory services to the energy industry. Specializing in business development and project finance within the energy sector, MyA will act as MRGE's lead advisor in the country of Mexico. For more information on MyA, please visit: http://www.marcos.com.mx.
MIRAGE ENERGY CORPORATION announces that it has engaged the legal services of RODRÍGUEZ DÁVALOS ABOGADOS (RDA). RDA provides professional legal services based on their broad experience and thorough knowledge of fast-growing energy sector. RDA will serve as MRGE's lead legal council within the country of Mexico. For more information on RDA, please visit: http://rdabogados.com.mx/.
MIRAGE ENERGY CORPORATION announces that it has engaged the legal services of BAKER McKENZIE (BMK) as their legal counsel for negotiations with the various Mexico federal agencies. By combining an uncompromising commitment to excellence with results-driven outlook, BMK can deliver high quality local law services in more jurisdictions across the globe. BMK will represent MRGE through its permitting process, working closely with the diverse Mexican federal agencies. For more information on BMK, please visit: http://www.bakermckenzie.com.
MIRAGE ENERGY CORPORATION announces that is has engaged EXTERRAN CORPORATION (EXT) to design and build MRGE's compressor station in Mexico. EXT is a worldwide market leader in oil and gas production equipment, natural gas compression, produced water treatment solutions, and gas processing and treating. For more information on EXT, please visit: www.exterran.com.
MIRAGE ENERGY CORPORATION announces that it has engaged Adrenal as its construction contractor in Mexico. Arendal, one of the major pipeline builders in Mexico, has participated in 63% of pipelines built in the last 10 years. They are the largest pipe construction fleet in Mexico. For more information on Arendal, please visit: www.arendal.com.
MIRAGE ENERGY CORPORATION announces that it has engaged SURVEYING AND MAPPING, LLC (SAM) for its surveying on the U.S. portion of the pipelines. SAM is a leader in providing geospatial data solutions such as land and hydrographic surveying, airborne, mobile, and terrestrial LiDAR, aerial mapping, GIS, SUE, utility coordination and construction phase services. For more information on SAM, please visit: www.sam.biz.
MIRAGE ENERGY CORPORATION announces that it has engaged CONTRACT LAND STAFF (CLS) for the right of way acquisitions on the U.S. pipelines. For more than two decades, CLS has acted as their client's advocate to reach fair and equitable settlements with thousands of property owners, leaseholders, and interest holders all across the U.S. while building positive relationships with both property owners and community leaders along the way. For more information on CLS, please visit: www.contractlandstaff.com.
MIRAGE ENERGY CORPORATION announces that it has engaged EMS USA, INC. (EMS) for its metering and automation on its pipelines. EMS provides a full range of maintenance, integrity, measurement and automation, and construction services to more than 500 clients across North America. For more information on EMS, please visit: www.emsusainc.com.
MIRAGE ENERGY CORPORATION announces that it has engaged JRJ CONSTRUCTION (JRJ) as its construction contractor for the U.S. portion of the pipelines. JRJ has over 20 years of experience in construction and execution of pipeline, industrial plants, electromechanical works, civil engineering, compression and dehydration, gauging and oilfield maintenance focused in the Mexican energy market.
MIRAGE ENERGY CORPORATION announces that it has engaged HARD ROCK DIRECTIONAL DRILLING (HRDD) to bore its crossings under the Rio Grande River. HRDD is a leading provider of horizontal directional drilling services providing a comprehensive range of services – including pre-bore profiling, bore design and utility infrastructure installation. For more information on HRDD, please visit: www.hardrockhdd.com.
MIRAGE ENERGY CORPORATION announces that it has engaged HOWLAND ENGINEERING AND SURVEYING COMPANY (HWLD) for additional surveying and mapping work. Identified as an industry leader in Texas, HWLD has built a legacy of excellence and continues to be recognized today as one of the most influential and precise teams of committed and experienced professionals. For more information on HWLD, please visit: www.howlandcompanies.com.
MIRAGE ENERGY CORPORATION announces that it has engaged FRONTIER SURVEYING COMPANY (FSC) for additional surveying and mapping work. FSC provides land surveying, mapping, GIS services, 3D laser scanning, and hydrographic surveys for oil and gas, pipeline, utilities, transportation, and construction. For more information on FSC, please visit: www.frontiersurveying.com.
Arendal is a big Mexican Pipeline Company
Mirage with all the Subsidiaries will design own and operate
all the pipelines and the storage field
Can you Say Massive someone I talked with recently said those words
This Infrastructure Project Consists of the Following Components:
MEXICO PIPELINES:
PROPOSED PROGRESO PIPELINE: This system includes 27 miles of 36" diameter pipe operated by WPF MEXICO PIPELINES, S. de R.L. de C.V. This pipeline has the capacity to move 500 million cubic feet per day to compressor stations or Mexico end-user markets. All engineering and detail work has been completed utilizing our project engineering firm, PROJECT CONSULTING SERVICES, and our Mexico construction company, ARENDAL.
PROPOSED ARGUELLES PIPELINE: This system consists of 84 miles of 36" diameter pipeline operated by WPF MEXICO PIPELINES, S. de R.L. de C.V. This pipeline also has the capacity to move 500 million cubic feet per day to compressor stations or Mexico end-user markets. All engineering and detail work has been completed utilizing our project engineering firm, PROJECT CONSULTING SERVICES, and our Mexico construction company, ARENDAL.
MEXICO UNDERGROUND NATURAL GAS STORAGE:
PROPOSED NATURAL GAS STORAGE: This facility is to be the first underground storage facility in the country of Mexico. This storage will allow the country of Mexico to balance peak loads by consumers, as well as the ability to play price arbitrage on natural gas. Additionally, Mexico will be able to create a Natural Gas Hub for pricing rather than having to buy natural gas on spot market. This facility is a depleted natural gas reservoir with the ability to store 786 BCF (Billion Cubic Feet) of natural gas. When fully developed, this storage will give the country a secure natural gas supply for one year in the event all gas supplies were shut off for any reason.
This storage facility will have 70,000 BHP of compression with 14 compressors for injection of gas into the reservoir. CENOTE ENERGY, S. de R.L. de C.V., a subsidiary of MIRAGE ENERGY, will own and operate this facility. All of the reservoir engineering and storage modeling has been completed. Additionally, HUASTECA has been engaged to plug and abandon all of the old wells in the field and drill new injector/extractor wells.
INTERNATIONAL PIPELINE CROSSINGS:
PROPOSED PROGRESO CROSSING: This crossing includes the Presidential Permit for boring underneath the Rio Grande River. It will be permitted as a 52-inch boring with 36-inch pipe running underneath the river. WPF TRANSMISSION, INC. will own the pipe on the U.S. side of the river. WPF MEXICO PIPELINES, S. de R.L. de C.V., will own the pipe on the Mexico side of the river. All engineering and detail work has been completed utilizing our project engineering firm, PROJECT CONSULTING SERVICES.
PROPOSED ARGUELLES CROSSING: This crossing includes a second Presidential Permit for boring underneath the Rio Grand River. It will also be permitted as a 52-inch boring with 36-inch pipe running underneath the river. WPF TRANSMISSION, INC. will own the pipe on the U.S. side of the river. WPF MEXICO PIPELINES, S. de R.L. de C.V., will own the pipe on the Mexico side of the river. All engineering and detail work has been completed utilizing our project engineering firm, PROJECT CONSULTING SERVICES.
UNITED STATES PIPELINES:
PROPOSED CONCHO: This system includes 95 miles 36-inch diameter pipeline with the capacity of transporting 500MMCFPD. It will be owned and operated by WPF TRANSMISSION, INC. All engineering and detail work has been completed utilizing our project engineering firm, PROJECT CONSULTING SERVICES.
PROPOSED COCHISE: This system consists of 68 miles of 36-inch pipeline with the capacity of transporting 500MMCFPD. WPF TRANSMISSION, INC. will own and operate this pipeline system. All engineering and detail work has been completed utilizing our project engineering firm, PROJECT CONSULTING SERVICES