Accoring to industry sources in December 2019, China Offshore Oil Corporation (CNOOC) is looking for farm-in partners in its offshore Mexico Perdido deepwater blocks, CNH-R01-L04-A1.CPP/2016 and CNH-R01-L04-A4.CPP/2016. Since February 2017, CNOOC had been looking to farm-out in its Perdido Fold Belt blocks CNH-R01-L04-A1.CPP/2016 and CNH-R01-L04-A4.CPP/2016 (also known as Perdido Deep Water 1 and Perdido Deep Water 4 respectively). In CNH-R01-L04-A1.CPP/2016 it is offering 50%. In CNH-R01-L04-A4.CPP/2016, CNOOC in late March 2019 completed its farm down of 30% to PETRONAS Mexican subsidiary, PC Carigali Mexico Operations SA de CV. However it is still offering a further 30% WI.CNOOC was awarded the CNH-R01-L04-A1.CPP/2016 and CNH-R01-L04-A4.CPP/2016 blocks in the December 2016, Round 1.4 Deep Water Exploration bid round. The company holds 100% WI in CNH-R01-L04-A1.CPP/2016 and plans to drill at least two exploration wells, Ameyali 1 and Tlami 1, by end of 2020. CNOOC holds 70% WI in CNH-R01-L04-A4.CPP/2016, and plans to drill Xakpun 1 in 2020.
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