An article on the Eagle Ford Reservoir, where GSFVF is becoming a player, they state:
Onshore, the potential is even greater with more than 60 billion untapped barrels, according to a Pemex presentation last month.
Some of the potential shale production sits across the border from Texas’s prolific Eagle Ford formation. The most resource-rich area studied so far is around the city of Tampico, a coastal city about 300 miles (480 kilometers) south of the bottom tip of the Texas border.
“I can’t tell you the amount of banks and investment funds coming from the U.S. and Europe that have been talking to us and are trying to have an expectation of what’s going to happen with the energy reform,” Prado said. “All those guys are going to be in Mexico next year in various forms trying to seek new opportunities.”
I believe that GSFVF is finally nearing a nice payoff.
