Mirage Energy Corporation (MRGE) announced some pretty interesting news this morning, and for those following the company, this is likely leading to excitement. The company announced that it has completed key engineering designs.
MRGE Completes Engineering Designs
As mentioned above, Mirage Energy Corporation announced today that it has completed key engineering designs. The designs were completed through the company's wholly owned subsidiary, known as WPF Mexico Pipelines, S. de R. L. de C.V. These designs surround its 36-inch natural gas pipeline that has been named the Arguelles Pipeline.
This pipeline is a key part of bringing natural gas stability to the country of Mexico. This particular pipeline is designed to connect to the MRGE storage field in Mexico and travel West, interconnecting to the major trunk lines in Mexico.
In order to make this all happen, MRGE is working with the government agency that controls the natural pipeline system in Mexico, known as CENAGAS. In working with CENAGAS, MRGE will pinpoint exact locations for its pipeline tie in points.
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What We'll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on MRGE. In particular, we're interested in following the ongoing work the company is doing to bring one of the world's largest underground natural gas storage facilities to Mexico. Nonetheless, we'll continue to follow the story closely and bring the news to you as it breaks!
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