The Chargé in Mexico (Schoenfeld) to the Secretary of State
[Received 7:17 p.m.]
264. Embassy’s despatch No. 4338, June 25. Embassy has been informed that several of the oil companies which had intended to drill on pre-Constitutional lands without permits received instructions here on July 11 not to proceed with this program for the present. I understand that the following companies are among those which received such instructions: the British-owned El Aguila, the American-owned Transcontinental and Huasteca, and probably Cortez Aguada, a subsidiary of the Atlantic Refining Company. Information regarding the reasons for this reversal of the original intention of the companies is not available in petroleum circles here.