UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF
MARCH 2007
METHANEX CORPORATION
(Registrant’s name)
SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F.
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82 .
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on behalf by the undersigned, thereunto duly authorized.
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METHANEX CORPORATION
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| Date: March 7, 2007 |
By: |
/s/ RANDY MILNER
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Name: |
Randy Milner |
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Title: |
Senior Vice President, General Counsel
& Corporate Secretary |
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NEWS RELEASE
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Methanex Corporation
1800 – 200 Burrard St.
Vancouver, BC Canada V6C 3M1
Investor Relations: (604) 661-2600
Toll-Free: 1-800-661-8851
http://www.methanex.com |
For immediate release
March 7, 2007
METHANEX AND GEOPARK ANNOUNCE A LONG TERM AGREEMENT ON GAS SUPPLY AND DEVELOPMENT IN CHILE
Methanex Corporation announces the signing of a Memorandum of Understanding with GeoPark Holdings
Limited, which would provide for the long term supply, development and acquisition of new natural
gas reserves in Chile. This MOU includes a ten year gas supply and purchase commitment from
GeoPark’s Fell Block in southern Chile beginning May 2007. The agreement provides incentives for
volume growth up to 100 million cubic feet per day of natural gas and includes provisions for the
financing of development operations and the potential joint acquisition of new hydrocarbon blocks
in Chile. This agreement is subject to a final contract and required Chilean government approvals.
Methanex’s methanol plant site in Chile produces approximately 10% of the world’s methanol supply.
GeoPark is the only private sector oil and gas producer in Chile and has been supplying natural gas
to Methanex in Chile since May 2006.
Bruce Aitken, President and CEO of Methanex, commented, “We are delighted with the developing
alliance that we have with GeoPark. The MOU represents an alignment of the interests of our two
companies and we look forward to a long and successful relationship.”
Methanex is a Vancouver based, publicly-traded company engaged in the worldwide production and
marketing of methanol. Methanex shares are listed for trading on the Toronto Stock Exchange in
Canada under the trading symbol “MX” and on the NASDAQ Global Market in the United States under the
trading symbol “MEOH”. Methanex can be visited online at
www.methanex.com.
GeoPark is a Latin American oil and gas producer and explorer with properties in Argentina and
Chile. GeoPark shares are listed for trading on the Alternative Investment Market (AIM) of the
London Stock Exchange under the trading symbol “GPK”. GeoPark can be visited online at
www.geo-park.com.
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Inquiries:
Jason Chesko
Director, Investor Relations
Methanex Corporation
604-661-2600