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Latinnews Daily - 06 November 2017

In brief: Mexico

Mexico: President Enrique Peña Nieto has announced that Mexico’s state-owned oil company, Pemex, made its biggest onshore oil discovery in 15 years with a find the municipality of Cosamaloapan, Veracruz state. Peña Nieto said that Pemex made the discovery in the 'Ixachi-1' well, and that the overall deposit is believed to hold some 350m barrels of proven, probable, and possible (3P) reserves.

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