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Tonalli Energia, S.A.P.I de C.V

Company Detail

Description

Tonalli Energía, S.A.P.I de C.V, founded in 2015, is a 50/50 joint venture between Idesa Group and Petrofrontera, subsidiary of the International Frontier Resources Corporation, to explore and produce gas and oil in Mexico. In 2016, the Mexican Hydrocarbon National Commission (CNH) awarded Tonalli Energía with a license agreement to execute exploration studies, seismic, work-over, recompletion and drilling activities in the Onshore Oil and Gas Development Block 24 or Tecolutla, a 7.2 km2 block located in the Tampico-Misantla Basin, for 35 years after an evaluation period of 1-2 years.

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