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Sproule in the News

  • Tuesday, May 29th, 2018

    Huge Discovery Highlights Mexican Unitization Policy Requirements

    Mexico’s Zama-1 wildcat well – drilled in July 2017 – delivered a huge and truly historic oil discovery. It has also highlighted the need for clear rules on developing oil and gas fields that span separate lease areas held by different…

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  • Friday, May 11th, 2018

    Mexico Energy Reforms Spur Pemex Deals and Outside Investment

    Falling production, rising debt and reduced reserve life were among the chief issues facing Pemex, Mexico’s national oil company. Historic reforms were introduced by Mexico’s government in 2013 to try and spark a significan…

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  • Tuesday, May 1st, 2018

    Bid Rounds Give Both Mexico and Brazil Strong Starts to 2018

    Successful bid rounds in Mexico and Brazil during Q1 secured $3.1 billion in cash – a huge step forward for both countries in securing global interest in offshore development.  Brazil 15th bid round in March was responsible…

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