Once awarded, the permit will afford Tidelands the opportunity to position itself to supply natural gas in the Northern part of Mexico. The permitting process represents a significant milestone in Tidelands' initiatives to bring continued growth and expansion to its business activities while competing with other companies in the construction of the natural gas infrastructure to integrate Northern Mexico and South Texas.
Michael Ward, President and CEO of Tidelands Oil & Gas Corporation, stated, "We continue to move closer to the realization of years of planning and developing projects that have been envisioned by our management team. We remain committed to strengthening our company and exploring opportunities to expand our business activities".
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