Monday, June 15, 2026

Mexico Gets Its First Private Oil Well in 80 Years

From Bloomberg For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters — the latest step in the country’s drive to allow foreign competitors back into its energy markets. A joint venture of London-based Premier Oil Plc, Houston’s Talos Energy LLC and Mexico’s Sierra Oil & Gas began drilling the well May 21, Premier

Manitok Energy Announces Amended Lease and Drilling Terms

Manitok Energy Inc. (ticker: MEI) amended the terms of its Lease Issuance and Drilling Commitment Agreement with an Alberta based royalty company. In the amended agreement, Manitok has agreed to: The early surrender of approximately 148,000 acres of undeveloped leased lands located mostly in the northern end of the Entice block in Manitok’s Beiseker and Strathmore areas and the payment