IFR – Oil & Gas 360

Tapping Mexico’s Onshore Oil & Gas Reserves almost a Reality for Canadian Operator IFR

March 8, 2018

IFR on target to be first outside company to drill onshore in Mexico in 80 years, anticipates April spud The Calgary-based company announced this morning that its Mexican joint venture Tonalli Energia is mobilizing a rig to begin drilling the Tecolutla block (onshore) in Mexico. The company said the partners had received the final authorization necessary to commence drilling from

International Frontier Resources Receives Mexican Drilling Permit

January 11, 2018

International Frontier Resources Corporation (ticker: IFR) has received a drilling permit for its onshore oil and gas block, Tecolutla, with its Mexican JV, Tonalli Energia. Tonalli was granted the right to operate, develop and produce hydrocarbons at Tecolutla through a licensing contract with the Mexican government. The Tecolutla block was awarded to Tonalli as part of the first round and

EIA Mexicos Oil and Gas Fields U.S. President Donald Trump’s threats to tax Mexican imports could disrupt a long-standing cross-border energy trade, hitting U.S. consumers and refiners that use Mexican oil - Oil & Gas 360

IFR Moves Forward in Mexico

November 30, 2016

IFR jointly owned partner Tonalli shoots for first well on Tecoluta in 1H 2017 International Frontier Resources Corporation (ticker: IFR) has officially taken over operatorship of onshore oil and gas development block Tecolutla from state-owned PEMEX in Mexico. IFR’s jointly owned Mexican company Tonalli Energia has initiated oil field services contracting, and the company said it has found service providers

International Frontier Identifies High Interest Targets at Tecolutla, Prepares for PEMEX Handover

November 22, 2016

International Frontier Resources Corporation (“IFR” or the “Company”) (TSX VENTURE:IFR)(OTCQB:IFRTF) is pleased to announce that its jointly owned Mexican company Tonalli Energia (“Tonalli”) has identified high interest development targets at its onshore oil and gas development block, Tecolutla. Upon signing the License Contract on August 25th, 2016, Tonalli acquired additional 3-D seismic covering an extended area including and offsetting the Tecolutla

International Frontier Resources’ OTCQB Marketplace Listing Joins TSX-V Listing

October 17, 2016

International Frontier Resources Corporation (“IFR” or the “Company”) (TSX-V: IFR) (OTCQB: IFRTF) today announced that the common shares of IFR commenced trading on the OTCQB Venture Marketplace under the symbol “IFRTF” effective at the market open on October 17, 2016. IFR’s common shares also continue to trade on the TSX Venture Exchange. OTC Markets Group Inc., located in New York,

12 of 14 Blocks Go Unsold in Mexico’s First Oil & Gas Auction

Mexico: International Frontier Resources through Tonalli Energia Secures 35-Year License to Develop Tecolutla Onshore Block

August 29, 2016

Mexico represents one of the largest privatizations of oil and gas assets that has ever occurred While oil majors jockey to win bids to explore Mexico’s deepwater Gulf of Mexico offshore blocks, a Canadian energy company has been researching Mexico’s onshore resource plays, bringing on experienced technical talent and senior Mexican energy industry board members, and it has just secured a license

Energy PE Firm HitecVision, Oman's Petrogas to Buy UK oilfields for $635 Million -Oil & Gas 360

IFR Forms Strategic Mexican Joint Venture with Petrochemical Leader Grupo Idesa

October 1, 2015

Oil and Gas Projects to Target Energy Reform Onshore Blocks Round 1.3 CALGARY, ALBERTA–(Marketwired – Oct. 1, 2015) – International Frontier Resources Corporation (“IFR” or the “Company”) (TSX VENTURE:IFR), on October 1st, is pleased to announce that it has entered into a strategic joint venture agreement with Grupo Idesa S.A. de CV (“IDESA”). The joint venture will allow for the

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