"We have made considerable progress, with production levels steadily increasing, reaching 45,000 bpd, and with oil losses and theft being reduced to under 15%."
"Parametric modeling has revolutionized the industry, integrating various aspects into a single, efficient model, and drastically reducing project timelines."
"In June 2023 we received a permit to drill on the southern half of the Soledad project. This includes a porphyry target, referred to as Mega-Gold, and a high-sulfidation epithermal target called La Joya."
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.