As of early August 2019, the Government of Guatemala has not confirmed a bid round. Guatemalaâs Ministry of Energy may announce a bid round for 2018, with 13 onshore blocks possible on offer. More details have not been released. The country last bid round was announced in 2012.  On 13 February 2013, nine companies submitted fifteen bids in a license round covering the South Peten Basin in Guatemala. A total of seven exploration areas that included 22 blocks covering some 7,960 sq km were on offer in the Round: Cotzal (2 blocks), San Francisco (3 blocks), La Libertad (3 blocks), Laguna Blanca (4 blocks), Xalbal (4 blocks), El Cedro (3 blocks), and Cancuen (3 blocks).   Background information  According to local news the Cotzal area received five bids including offers from Perenco, Empresa Petrolera del Istmo (EPI), Zacapa Energy Ltd (a subsidiary of the Canadian firm Loon Energy Corporation), Roy Group Mauritius, and Canadian firm Quattro.Â  The second-most popular areas with three offers each were El Cedro and Laguna Blanca. El Cedro received bids from EPI, Canada's Greenfields Petroleum Guatemala, and Zacapa Energy Ltd, while Laguna Blanca received offers from service company Island Oil Exploration, Perenco, and Quattro.  The San Francisco area received two bids from Galax Garden Corporation and Colombia's Trayectoria Oil and Gas, and Xalbal received one offer from Zacapa Energy Ltd. Trayectoria Oil and Gas also bid for Cancuen.   There were no bids made for the three blocks within the La Libertad area, but a new round of bids will be called in June, 2013 for the three blocks. The specific blocks in each area that received bids will be announced in a future press conference. The winners are expected to be announced in 60 days. Each area is expected to receive USD 40 million worth of investment in the first two years of the contract.
As of early August 2019, the Government of Guatemala has not confirmed a bid round. Guatemalaâs Ministry of Energy may announce a bid round for 2018, with 13 onshore blocks possible on offer. More details have not been released. The country last bid round was announced in 2012. 