International Frontier Resources Corporation announced it has signed a two year Cooperation Agreement with SIMMONS EDECO. Through this strategic alliance, IFR and SIMMONS will work together to pursue oil and gas opportunities in the Mexican market primarily focused on upstream oil and gas, as well as midstream and service contract opportunities. As part of the Cooperation Agreement, SIMMONS may provide investment capital, drilling rigs and oil field services to new joint opportunities.  Specifically, within the Cooperation Agreement SIMMONS has agreed that it may provide: Access to Simmons drilling services which includes a fleet of fully equipped rigs, as well as other services already operating in Mexico with planned expansions; Simmons would take economic risk in exchange for providing these services; Capital contributions, ideally between $2-$5 million, towards acquisition and development of assets in exchange for beneficial rights from the asset; Support in the negotiation and execution of contracts to secure assets and implementation of projects; and Secure operational bases and local staff based in Villahermosa and Poza Rica, Mexico. As part of the Cooperation Agreement, IFR agrees that it may provide: Status as one of the few qualified operators in Mexico; Lead representation in the negotiation execution of contracts to secure assets and implementation of projects; Technical and operational expertise and staff in order to evaluate, develop and operate assets; and Capital contributions either directly or through additional partnerships.