Mirage Energy Corp (MRGE)

[Energysector]

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.