“The Zama case is very important in our eyes and in the eyes of all oil investors, international and domestic, because of the precedents that will be set when the state oil company wants a share of production,” George Baker, Managing Principal of the Houston-based consultancy Baker & Associates and long-time publisher of the Mexico Energy Intelligence newsletter, told NGI’s Mexico Gas Price Index.

George Baker

“It would be a betrayal of the energy reform for Talos to have made a discovery only for the state to award operatorship to Pemex.” 

Baker, who relocated to Houston from Berkeley, California, in 1996, regularly publishes industry research and reports related to commerce, investments, and public policy in his Mexico Energy Intelligence newsletter. Additionally, he has been a...