April 28, 2018 -- Interview with Steve Hanson, President/C.E.O. of International Frontier Resources (TSXV-IFR; OTCQB-IFRTF)
The story of Mexico's energy reform after 80 years of quasi-state control is one of the most actionable investment stories I've ever seen; yet it STILL remains one of the most under-covered, even in the financial press.
As IFR's Hanson and I recap today, his company's first-mover advantage as Mexico's energy assets become more privatized has now led to the first drilling/development at Tonalli Energia's (the corporation owned 50% each by IFR and Mexican petrochemicals giant Grupo IDESA) Tecolutla project.
At long last, International Frontier Resources (TSXV-IFR; OTC-IFRTF) has permits in hand for Tecolutla and will soon be drilling and producing some of the first privately-produced oil under Mexico's energy reform program. Though they have doubled from their late 2017 low, there is STILL great value here.
It's not an overstatement to say that IFR represents a once-in-a-lifetime energy opportunity. The company is notable among energy "juniors" in having first-mover advantages as Mexico opens up its energy sector to private companies for the first time in some 80 years!
As you'll read--among other things--IFR and its partner, the petrochemical giant Grupo IDESA--will likely be among the first private interests to sell oil in Mexico before 2017 is over.
Click the links above to read my extended reports.