Mirage Energy (OTCMKTS:MRGE) is an independent oil and gas exploration and production company focused on onshore and shallow-water opportunities in Mexico. The company holds concession interests in several strategic basins, including the Tampico-Misantla and Veracruz basins, where it pursues low-risk drilling targets. Mirage Energy’s operations are centered on acquiring underdeveloped fields, applying modern seismic analysis, and deploying advanced completion techniques to increase recovery rates and extend field life.
Mirage Energy’s core activities include seismic data interpretation, horizontal drilling, hydraulic fracturing, and production optimization. The company recently completed a multi-well program in the Cocosito formation, successfully bringing new production online and establishing a track record of delivering incremental reserves. In addition to its operated assets, Mirage Energy holds minority interests in adjacent blocks through farm-in agreements, providing exposure to upside while managing capital commitments.
Since its founding in 2012, Mirage Energy has pursued a disciplined growth strategy, combining technical expertise with a deep understanding of Mexican regulatory and operational environments. The management team is led by Chief Executive Officer Alan McKenzie, who brings more than 25 years of upstream experience, and Chief Financial Officer John Calderón, a specialist in capital markets and project finance. The board includes former senior executives from both independent oil companies and national oil entities, reflecting the company’s emphasis on governance and local partnerships.
Mirage Energy’s primary focus remains on maximizing value from its existing asset base while selectively evaluating new acreage opportunities in Mexico and neighboring Latin American jurisdictions. By leveraging a lean operating model and strong local relationships, the company aims to deliver sustainable production growth and long-term reserve replacement for its shareholders.
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