Show OI EXPORTS TO INCREASE NEW YORK March 11 Official Official figures figures fig fig- ures furnished by the Mexican government government gov gov- Indicate that no less than barrels of petroleum were exported by Mexico during December 1921 It Is stated that the outlook for Mexican oil Is greatly Improved and that foreign capital Is flowing into the tho petroleum zones coincident with the tho discovery of oil in the tho Pueblo region and at other places The oil deposits of Ceru Azoi and Toteco which now yield nearly 70 per percent percent cent of the total production produced in December about barrels four Thirty new borings have been be- be gun in this zone and It is expected that within a Short time the production production tion will be considerably Increased But In view of its tremendous yield hitherto unequaled In the history of Mexico very little confidence Is felt that this petroleum deposit can go goon goon on producing for very many months longer hence the anxiety to discover other wells of sufficient capacity to produce the enormous quantity of oil to satisfy export demands The Tho possibility of the early exhaustion exhaustion tion or of the Mexican oil wells a question ques ques- tion which has been receiving serious attention from producers and geologists geologists is discounted by the Mexican government I I |