This Pure Play Oil Company In The Tampico-Misantla ‘Super Basin’ Could Strike It Rich

International Frontier Resources (TSX-V:$IFR, OTC:$IFRTF) Is The First Mover In This Space And Early Investors Could Enjoy Huge Upside! In December 2013, Mexican President Lázaro Cárdenas pushed a historic bill through Congress, a bill that ended the 75 year long oil monopoly by Petróleos Mexicanos (“PEMEX”). To cut a long story short, PEMEX faced significant operational challenges. Like most state-run monopolies, the company dealt with bureaucratic inefficiencies, with its profits going mostly to fund Mexico’s government, instead of being reinvested into the company. As a result, Mexico’s oil production has been slipping, it’s now the eighth largest producer in the world (from the second at its peak in the 1920s), and since 2004, its oil production has dropped by 25% Thankfully, out of their management of Pemex, the Mexican government has created a great framework and investment climate for private oil and gas companies to succeed. By ending the monopoly, Mexico hopes to attract private investment and restore the country’s oil industry to its former glory. The Largest Denationalization in the World, and a Huge Investment Opportunity! Once word of this denationalization hit the markets, countless companies began angling for a piece of the pie. After all, this is the …