Bolongo Ltd. (the online marketplace for new & used oil & gas materials) Expands Operations into Mexico

Bolongo Ltd. expands operations into Mexico

Bolongo Ltd., the online marketplace for new and unused oil and gas materials is pleased to announce that it will be opening an office in Mexico City, Mexico effective immediately. Bolongo, in association with our partners and agent, Marcos y Asociados, will be taking advantage of its early positioning in establishing a market for oil and gas materials in the expanding Mexican energy sector.

In conjunction with the head office in Calgary, the Mexico operations will market materials through Bolongo’s business platform, which includes its online marketplace. The Marcos Group is a highly recognized company with broad experience in all aspects of business, particularly in the energy sector, throughout Mexico. They have a unique mix of industry knowledge, government regulation expertise, and business development.

“With the Energy Reform in place, the decision to expand into Mexico was natural for the growth of Bolongo. We are excited to be working with the Marcos Group, and look forward to helping save our Mexican members’ and clients’ time and money while reducing their environmental impact,” says Stewart Worth, President, and CEO of Bolongo.

The Mexico City office is located at: Av. Paseo de las Palmas 820, Int. 604 Lomas de Chapultepec, Ciudad de México, C.P. 11000 Tel: +52 55 5202 3600

The partnership between Bolongo and Marcos, continues to evolve the marketplace.

ABOUT BOLONGO:

Bolongo (bolongo.ca) is the comprehensive oilfield material buying and selling service company with a singular mission – saving members’ time and money, while reducing our industry’s environmental impact. This is done via our online marketplace for new/unused pipe and oilfield material – Bolongo.ca. Our platform combines the user-friendly functionality of online shopping with personal service backed by a wealth of industry experience.

ABOUT MARCOS:

Marcos provides comprehensive advice and execution support to international Oil & Gas investors and companies entering or growing their presence in the Mexico market. Marcos has developed a profound understanding of the Mexican public and private sectors, and particularly in the Mexican Oil & Gas and Power & Renewable markets. Marcos expertise has proven to be key to the success of clients approaching and consolidating operations in Mexico.

For more information, please contact;

Stewart Worth, sworth@bolongo.ca

Raymundo Wah, rwah@bolongo.ca

Luis Miguel Labardini, larbardini@marcos.com.mx