A 50-year-old man from Eagle Pass, TX, has been sentenced to 21 months in federal prison for his role in a scheme to steal an estimated $1.4 Million worth of Eagle Ford Shale oil.
Pena
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Feds Nab Eagle Ford Crude Oil Thieves
Federal authorities in Laredo, TX, Wednesday made their third arrest in an Eagle Ford Shale oil theft case, taking into custody Victor Manuel Guerra Jr.
Mexico Shale’s Future Tied to Proposal on Private Energy Investment
The bullish shale gas potential that has remained largely unexploited among Mexico’s rich hydrocarbon resources could be unleashed if Monday’s proposal by President Enrique Pena Nieto to open the nation to more shared private-sector energy investment ever becomes a reality.
Pemex to Invest $200M in Shale Gas Exploration Over Three Years
A Mexican government official said state-owned petroleum company Petroleos Mexicanos (Pemex) will spend $200 million over the next three years exploring two shale formations in the country for natural gas.