Speaking of action – New Mexico’s Permian Basin is smok’n hot! Marathon Oil Corporation recently announced an agreement to acquire approximately 21,000 net surface acres largely in the Permian’s Northern Delaware basin of New Mexico for $700 million in cash. And there’s more. Chevron, which currently has 12 running wells in the Permian, plans to add three more this year and hopes to have 20 rigs operating in the Permian by the end of 2018.Read more HERE and HERE.

2017 Heroes Banquet: The Annual NMBC Heroes Banquet will be on September 8, from 6pm – 9pm, at the Hyatt – Regency, in downtown Albuquerque. This uplifting banquet will honor Heroes in our state who devote their time, energy and talents to protect our families, expand free enterprise and improve the quality of life for all New Mexicans. Limited seating available for this event – get tickets HERE. Heroes Banquet Sponsor opportunities HERE.

Nominate a HERO: If you know an Elected Official, Appointed Official, Business Leader, Community Leader, or Young leader who deserves to be recognized as an NMBC Hero, download the nomination form HERE and email it to NMBC at nmbiz@nmbizcoalition.org no later than July 31, 2017.

Manufacturing Update: As the state affiliate group for the National Association of Manufacturers, NMBC is proud to advocate for this important industry and glad to see positive news out of Washington, D.C. In fact, the Trump administration intends to unveil a plan this week to trim regulations it believes constrain U.S. manufacturing growth, Read more HERE.