MX Oil Plc

MX Oil is an AIM quoted resources company primarily targeting near term production assets in proven oil and gas jurisdictions such as Mexico and Nigeria.

Mexico, the world’s 10th largest oil producer with significant underdeveloped resources, has reopened its energy sector, allowing greater foreign investment with which to develop its reserves and increase production.

Investment in the Nigerian OML 113, which comprises of the Aje field and nine other additional prospects, serves MX Oil with not only a near-term producing asset that will provide early cash flow, but also the tools to further enhance the Company’s strategy of exploiting the Mexican opportunity.