On 27 March 2018, the consortium of Total, BP, and Pan American, was granted a preliminary award for the 734 sq km Area 34, G-CS-03 block from the CNH-RO3-LO1/2017 Bid Round.Â  The final official contract signature award is to take place within 90 days or 1 July 2018.    The      consortium bid a state take of 50.49% over the minimum of 22.5% for the      Area 34 block and a work units factor of 1 equivalent to one well.Â      The      provisional consortium working interest breakdown is estimated to be Total,      operator with 33.34% working interest, BP with 33.33%, and Pan American      with 33.33% working interest.        There was      one other bid for the block.Â  The      second highest bidder was the consortium of Shell and PEMEX who bid 40.36%      state take and 0 additional work units factor.   Â 
Total, BP, and Pan American, was granted a preliminary award for the 734 sq km Area 34, G-CS-03 block from the CNH-RO3-LO1/2017 