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Excitement over Mexico's shale fizzles as reality sets in

from Maine Public Broadcasting

The prolific shale formation that has made people rich in South Texas doesn't stop at the Rio Grande, as U.S. maps seem to indicate. "The geology doesn't change when you cross that little 20-foot-deep river," says Brandon Seale, president of San Antonio-based Howard Energy Mexico. "What goes on 10,000 feet under the river is the exact same." The geology continues on into northern Mexico, part of the vast, undeveloped oil and gas fields that are estimated to contain some of the largest reserves in the world. more

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