Mexico’s huge unconventional reserves have put the country very much on the shale map. There is only one problem – the map is almost blank.
"Mexico’s biggest issue is the lack of detail, the lack of subsoil studies," David Shields, a Mexico City-based energy consultant, told Wildcat last week.
"Companies have to make additional investments in Mexico that they don’t have to make on the United States side," added the expert. "That is a big issue when oil prices are low – why would you...
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