Mirage Energy Corp (MRGE)

[JACKPOT]

Pent-Up Permian Natural Gas Set for Another Mexican Outlet with Interconnect, Storage Project -- Bonus Coverage
Christopher Lenton October 11, 2019

San Antonio, TX-based Mirage Energy Corp. announced the signing of an interconnect agreement between its subsidiary WPF Transmission and Whistler Pipeline LLC, providing Permian Basin gas producers the opportunity for further access to Mexican markets.

The interconnect will occur at the Agua Dulce hub in South Texas. WPF’s planned 42-inch Concho-Progreso cross-border pipeline would travel south from there and connect with Mexico’s Sistrangas national pipeline grid at the Estación 19 (Station 19) and Los Ramones interconnection points in northeastern Mexico.

Whistler will consist of 475 miles of 42-inch pipeline, and would move 2 Bcf/d of natural gas from Waha, TX, to Agua Dulce.

"This gives us the ability to provide gas from Waha to Mexico at much cheaper prices than the current market. That’s the significance of this," Mirage CEO Michael Ward told NGI’s Mexico GPI. "We are putting Mexico customers in contact with producer and processing plants in Texas."