SAN ANTONIO, TX. – June 11, 2020 – MIRAGE ENERGY CORPORATION (OTC PINK: MRGE) announces it has signed an agreement with ENERGY AGENCY OF THE STATE OF PUEBLA to develop a pipeline infrastructure project to deliver natural gas to the state and various industrial parks with in the state . This includes the delivery of 500 mmbtupd of natural gas thru this pipeline project. Total estimates cost for development of this project is expected to be s $300 million USD.
The first stage is a 46.60 mile pipeline from the Pemex’s Compression Station at San Martin to new Industrial Park at Izucar de Matamoros Puebla.
This project will give a faster more economical way of delivering natural gas to the region of Mexico with our pipeline network we should be able to deliver natural gas at a 50% discount to current prices.
Also, we have signed a work agreement with the National Infrastructure Union.
This press release contains forward-looking statements. These statements relate to future financial performance. We intend that such forward-looking statements be subject to the safe harbors for such statement. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management’s best judgement as to what may occur in the future. However, forward-looking statements are subject to risk, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected.
SOURCE: Mirage Energy Corporation