Expert: High costs could keep Mexico from tapping Eagle Ford Shale

11/3/2013 |

High production costs and low potential returns could keep Mexico's Petroleos Mexicanos from exploring the country's Eagle Ford Shale, said industry expert Luis Miguel Labardini with Marcos y Asociados. These untouched shale resources could open up huge opportunities for U.S. energy firms, but only if Mexico would amend its constitution to allow international investments.

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