On 8 December 2017, the Comision Nacional de Hidrocarburos (CNH) officially signed the contracts granting official awards for 13 of the 14 provisional awards from the CNH-RO2-LO3/2016 Bid Round. The tie-break bonus of USD 2.2 million was not paid by the consortium of Shandong, Sicoval, and Nuevas Soluciones and as a result the second-place bidder Roma Exploration and Production LLC, Tubular Technology, S.A. de C.V., Suministros Marinos e Industriales de Mexico, S.A. de C.V., and Golfo Suplemento Latino, S.A. de C.V. will have 140 days to pay its offered tie-break bonus of USD 1.5 million and sign the contract.Â  The Shandong consortium now forfeits its bid guarantee bond of USD 250,000 for not signing the contract.Â  Most of the companies and consortia have changed the official operator name from the company names approved of when granted provisional awards.Â  Some of the consortia have consolidated under one official operator name but the individual consortium companies still have obligations as financial guarantors. On 14 July 2017, the Comision Nacional de Hidrocarburos (CNH) officially sanctioned the results of the CNH-RO2-LO3/2016 Bid Round with the preliminary award of all 14 blocks to the high bidders.  On 12 July 2017, the Comision Nacional de Hidrocarburos (CNH) held the CNH-RO2-LO3/2016 Bid Round and all of the 14 blocks on offer were bid on and were provisionally awarded.Â  There were a total of 52 bids by 17 companies individually or in consortia.Â  The bid round was highly contested with 12 of 14 blocks having more than one bid and four blocks had four or more bids.Â  Companies also bid the maximum additional royalties on 12 of the 14 blocks which resulted in seven ties.Â   The most contested block was the Area 9 block in the Sureste Basin with nine bids that resulted in a tie between eight companies who offered the maximum additional royalties of 45% and the maximum additional work units factor of 1.5 equivalent to two wells.Â  Jaguar Exploracion won the block with its tie-break bonus offer of USD 28.89 million, the 2nd closest bonus was USD 10.117 million from the consortia of Promotora y Operadora and Consorcio 5M del Golfo.Â  The second most contested block was the Area 5 block in the Tampico-Misantla Basin where again seven companies offered the maximum additional royalties of 40% and additional work units factor 1.5.Â  Jaguar again won the block offering a bonus of USD 26.1 million compared to the second-place bidder who offered USD 5.002 million.Â  Jaguar was the company that dominated the round but left USD 39.87 million on the table just for those two blocks.Â  The company won a total of five blocks in the round and was a partner in six of the seven blocks taken in the CNH-RO2-LO2/2016 Bid Round that was running concurrently.Â  Jaguar Exploracion is based in Monterey and its President is Javier Zambrano, ex Schlumberger, and backed by Grupo Topaz, presided by the ex-president of the Alfa Group. The Chinese led consortium of Shandong was also aggressive in the round placing eight total bids and winning three blocks.Â  Also, Carso Oil and Gas, the Carlos Slim company, placed four bids and won two blocks and it left some money on the table also with a tie-break bonus on the Area 13 block of USD 13.17 million compared to the Shandong consortium bonus offer of USD 2.35 million.Â  The Newpek consortium also won two blocks. Â It is a subsidiary of the Alfa Group.Â  The Iberoamericana de Hidrocarburos company is a joint venture between Monclova Pirineos Gas and the Spanish based Cobra Instalaciones y Servicios 2007. Total area awarded in the round was 2,594.80 sq km and an estimated USD 279.1 million in exploration work commitments based on the 25 additional wells bid as extra work commitments.Â  Total additional bonus payments to the state by the companies due to the seven tie-breaks will be USD 83.74 million.Â  The average additional royalties offered was 35.2% and the CNH published that it calculates average state take for the 14 blocks of 74.5% ranging from a low of 41.6% to a high of 98%.Â  It is not clear if the 98% figure is an error because it is very far from the other high estimated take values of 86% to 88%.Â  Jaguar had the highest average CNH estimated state take at 84.94%. The tables below illustrate the Ronda 2.3 Bid Round provisional results including estimated work commitments in USD and also estimating consortia partnership working interest breakdowns which havenât been officially reported yet.Â  Based on the estimated work commitments Jaguar led the round with net area to working interest, USD commitments, and Net Bonus to WI in USD. Results - CNH-RO2-LO3/2016 Bid Round â 13 of 14 Official Awards â 12/8/2017 Basin Area Contract Block Official Award -   Operator - Company or Consortium Provisional Award -   Company or Consortium  Area sq km Additional Royalty % Minimum Work Units Approx WU Value at bo   = USD 45-50 = USD1,000/WU Add Work Factor Bid -   0, 1 = 1 well, 1.5 = 2 wells Estimated Additional   Work Commitments Value USD Total Work Commitments   USD Winning Bonus for Tie   Situations USD Total Financial   Commitment USD Contract Signature Date Burgos 1 CNH-RO2-L03-BG-01/2017 BG-01 Iberoamericana de   Hidrocarburos CQ, Exploracion & Produccion de Mexico, S.A. de C.V. (100%) Iberoamericana de   Hidrocaruburos, S.A. de C.V. / Servicios PJP4 de Mexico S.A. de C. V. Â Â Â Â Â Â Â Â Â Â Â Â  99.25  25 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  3,700  Â $Â Â Â Â  3,700,000  2 Â $Â Â  Â Â Â Â 16,400,000  Â $Â Â Â Â Â Â  20,100,000  Â $Â Â Â Â Â Â Â Â Â  4,237,264  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  24,337,264  12/8/2017 Burgos 2 CNH-RO2-L03-BG-02/2017 BG-02 Newpek 50% / Verdad 50% Newpek Exploracion Y   Extraccion, S.A. de C.V. / Verdad Exploration Mexico LLC Â Â Â Â Â Â Â Â Â Â  162.95  25 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  4,000  Â $Â Â Â Â  4,000,000  2 Â $Â Â Â Â Â Â  21,000,000  Â $Â Â Â Â Â Â  25,000,000  Â $Â Â Â Â Â Â Â Â Â  2,980,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  27,980,000  12/8/2017 Burgos 3 CNH-RO2-L03-BG-03/2017 BG-03 Newpek 50% / Verdad 50% Newpek Exploracion Y   Extraccion, S.A. de C.V. / Verdad Exploration Mexico LLC Â Â Â Â Â Â Â Â Â Â  199.60  23.56 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  4,700  Â $Â Â Â Â  4,700,000  0 Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â  Â  Â $Â Â Â Â Â Â Â Â  4,700,000  Â  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  4,700,000  12/8/2017 Burgos 4 CNH-RO2-L03-BG-04/2017 BG-04 Iberoamericana de Hidrocarburos   CQ, Exploracion & Produccion de Mexico, S.A. de C.V. (100%) Iberoamericana de   Hidrocaruburos, S.A. de C.V. / Servicios PJP4 de Mexico S.A. de C. V. Â Â Â Â Â Â Â Â Â Â  199.30  3.91 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  4,100  Â $Â Â Â Â  4,100,000  1 Â $Â Â Â Â Â Â  10,500,000  Â $Â Â Â Â  Â Â 14,600,000  Â  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  14,600,000  12/8/2017 Tampico-Misantla 5 CNH-RO2-L03-TM-01/2017 TM-01 Jaguar Exploracion y   Produccion 2.3, S.A.P.I. de C.V. (100%) Jaguar Exploracion y   Produccion de Hidrocarburos, S.A.P.I. de C.V. Â Â Â Â Â Â Â Â Â Â Â Â  72.40  40 Â  Â Â Â Â Â Â Â Â Â Â Â Â Â 3,100  Â $Â Â Â Â  3,100,000  2 Â $Â Â Â Â Â Â  13,000,000  Â $Â Â Â Â Â Â  16,100,000  Â $Â Â Â Â Â Â  26,100,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  42,200,000  12/8/2017 Veracruz 7 CNH-RO2-L03-VC-02/2017 VC-02 Jaguar Exploracion y   Produccion 2.3, S.A.P.I. de C.V. (100%) Jaguar Exploracion y   Produccion de Hidrocarburos, S.A.P.I. de C.V. Â Â Â Â Â Â Â Â Â Â  251.40  40 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  4,300  Â $Â Â Â Â  4,300,000  2 Â $Â Â Â Â Â Â  13,800,000  Â $Â Â Â Â Â Â  18,100,000  Â  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  18,100,000  12/8/2017 Veracruz 8 CNH-RO2-L03-VC-03/2017 VC-03 Jaguar Exploracion y   Produccion 2.3, S.A.P.I. de C.V. (100%) Jaguar Exploracion y   Produccion de Hidrocarburos, S.A.P.I. de C.V. Â Â Â Â Â Â Â Â Â Â  231.70  40 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  4,700  Â $Â Â Â Â  4,700,000  2 Â $Â Â Â Â Â Â  20,200,000  Â $Â Â Â Â Â Â  24,900,000  Â  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  24,900,000  12/8/2017 Sureste 9 CNH-RO2-L03-CS-01/2017 CS-01 Jaguar Exploracion y   Produccion 2.3, S.A.P.I. de C.V. (100%) Jaguar Exploracion y   Produccion de Hidrocarburos, S.A.P.I. de C.V. Â Â Â Â Â Â Â Â Â Â Â Â  95.20  45 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  3,100  Â $Â Â Â Â  3,100,000  2 Â $Â Â Â Â Â Â  34,200,000  Â $Â Â Â Â Â Â  37,300,000  Â $Â Â Â Â Â Â  28,890,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  66,190,000  12/8/2017 Sureste 10 CNH-RO2-L03-CS-02/2017 CS-02 Shandong and Keruy   Petroleum, S.A. de C.V. (100%) Shandong Kerui Oilfield   Service Group Co, Ltd / Sicoval MX, S.A. de C. V. / Nuevas Soluciones   Energeticas A&P, S. A. de C. V. Â Â Â Â Â Â Â Â Â Â  248.00  40 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2,800  Â $Â Â Â Â  2,800,000  2 Â $Â Â Â Â Â Â  12,400,000  Â $Â Â Â Â Â Â  15,200,000  Â  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  15,200,000  12/8/2017 Sureste 11 CNH-RO2-L03-CS-03/2017 CS-03 Shandong and Keruy   Petroleum, S.A. de C.V. (100%) Shandong Kerui   Oilfield Service Group Co, Ltd / Sicoval MX, S.A. de C. V. / Nuevas   Soluciones Energeticas A&P, S. A. de C. V. Â Â Â Â Â Â Â Â Â Â  215.10  45 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2,500  Â $Â Â Â Â  2,500,000  2 Â $Â Â Â Â Â Â  13,000,000  Â $Â Â Â Â Â Â  15,500,000  Â  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  15,500,000  12/8/2017 Sureste 12 CNH-RO2-L03-CS-04/2017 CS-04 Operadora Bloque 12,   S.A. de C.V. (100%) Carso Oil & Gas,   S.A. de C.V. Â Â Â Â Â Â Â Â Â Â  244.80  45 Â Â Â Â Â Â Â Â Â Â Â Â Â  Â 2,700  Â $Â Â Â Â  2,700,000  2 Â $Â Â Â Â Â Â  11,600,000  Â $Â Â Â Â Â Â  14,300,000  Â $Â Â Â Â Â Â Â Â Â  6,182,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  20,482,000  12/8/2017 Sureste 13 CNH-RO2-L03-CS-05/2017 CS-05 Operadora Bloque 13,   S.A. de C.V. (100%) Carso Oil & Gas,   S.A. de C.V. Â Â Â Â Â Â Â Â Â Â  233.60  40 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2,600  Â $Â Â Â Â  2,600,000  2 Â $Â Â Â Â Â Â  20,400,000  Â $Â Â Â Â Â Â  23,000,000  Â $Â Â Â Â Â Â  13,170,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  36,170,000  12/8/2017 Sureste 14 CNH-RO2-L03-CS-06/2017 CS-06 Jaguar Exploracion y   Produccion 2.3, S.A.P.I. de C.V. (100%) Jaguar Exploracion y   Produccion de Hidrocarburos, S.A.P.I. de C.V. Â Â Â Â Â Â Â Â Â Â  148.20  40 Â Â Â Â Â Â Â Â Â Â Â Â Â Â  1,800  Â $Â Â Â Â  1,800,000  2 Â $Â Â Â Â Â Â  31,600,000  Â $Â Â Â Â Â Â  33,400,000  Â  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  33,400,000  12/8/2017 Â  Totals/Avg Â  Â  Â  Â  Â Â Â Â Â Â  2,594.80  35.2 Â  Â $Â Â  48,400,000  25 Â $Â Â Â Â  230,700,000  Â $Â Â Â Â  279,100,000  Â $Â Â Â Â Â Â  83,738,264  Â $Â Â Â Â Â Â Â Â Â Â Â    362,838,264  Â  Â  Preliminary Results - CNH-RO2-LO3/2016 Bid Round â 14 Provisional Awards â 7/12/2017 Area Name Basin Area sq km Max Additional Royalties % Total Number of Bids Additional Royalty % Minimum Work Units Approx WU Value at bo = USD 45-50 = USD1,000/WU Additional WUs for 1 well Approx WU value for 1 well USD1,000/WU Add Work Factor Bid - 0, 1 = 1 well, 1.5 = 2 wells Estimated Additional Work Commitments Value USD Winning Bonus for Tie Situations USD Winning Operator - Company or Consortium 2nd Bid Company/ Consortium 2nd Bid Royalty % 2nd BidÂ  Additional Work   Factor 2nd Bid Bonus USD CNH Estimated Total State Take % 1 BG-01 Burgos Â Â Â Â Â Â  99.25  Â  Â Â Â Â Â Â Â Â 25.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  3  Â Â Â Â Â Â  25.00  3,700 Â Â Â Â Â Â Â Â Â Â Â Â Â Â    3,700,000  Â Â Â Â Â Â Â Â Â Â Â Â    8,200  Â Â Â Â Â Â Â Â Â Â Â    8,200,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  16,400,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  4,237,264  Â Iberoamericana / Servicios PJP4  ShandongÂ  / Sicoval /   Nuevas Soluciones E Â Â Â Â Â Â Â Â    25.00  2 Â $Â Â Â Â Â Â Â Â Â Â Â Â  3,193,000  82.7 2 BG-02 Burgos Â Â Â Â  162.95  Â Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    3  Â Â Â Â Â Â  25.00  4,000 Â $Â Â Â Â Â Â Â Â Â Â Â  4,000,000  Â Â Â Â Â Â Â Â Â Â    10,500  Â $Â Â Â Â Â Â  10,500,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â  Â Â Â Â Â Â Â Â Â Â Â Â Â 21,000,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  2,980,000  Newpek / Verdad Petrosynergy / Quimica Apollo Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â Â Â Â Â Â    2.00  Â $Â Â Â Â Â Â Â Â Â Â Â Â  1,000,002  56.8 3 BG-03 Burgos Â Â Â Â  199.60  Â Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    2  Â Â Â Â Â Â  23.56  4,700 Â $Â Â Â Â Â Â  Â Â Â Â Â 4,700,000  Â Â Â Â Â Â Â Â Â Â    11,000  Â $Â Â Â Â Â Â  11,000,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â Â   Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â Â   Â  Newpek / Verdad Petrosynergy / Quimica Apollo Â Â Â Â Â Â Â Â    18.66  Â Â Â Â Â Â Â Â Â Â    2.00  Â  77.9 4 BG-04 Burgos Â Â Â Â  199.30  Â Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  1  Â Â Â Â Â Â Â Â  3.91  4,100 Â $Â Â Â Â Â Â Â Â Â Â Â  4,100,000  Â Â Â Â Â Â Â Â Â Â    10,500  Â $Â Â Â Â Â Â  10,500,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  1  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  10,500,000  Â  Â Iberoamericana / Servicios PJP4  Â  Â  Â  Â  41.6 5 TM-01 Tampico-Misantla Â Â Â Â Â Â  72.40  Â Â Â Â Â Â  Â Â Â 40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    8  Â Â Â Â Â Â  40.00  3,100 Â $Â Â Â Â Â Â Â Â Â Â Â  3,100,000  Â Â Â Â Â Â Â Â Â Â Â Â    6,500  Â $Â Â Â Â Â Â Â Â  6,500,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  13,000,000  Â $Â Â Â Â Â Â Â Â Â Â Â  26,100,000  Jaguar DEP PYG Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â    2.00  Â $Â Â Â Â Â Â Â  Â Â Â Â Â 5,002,019  98 6 VC-01 Veracruz Â Â Â Â  193.30  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    3  Â Â Â Â Â Â  40.00  4,300 Â $Â Â Â Â Â Â Â Â Â Â Â  4,300,000  Â Â Â Â Â Â Â Â Â Â Â Â    6,300  Â $Â Â Â Â Â Â Â Â  6,300,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  12,600,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  2,179,000  Shandong / Sicoval / Nuevas Soluciones Roma/Tubular/Sum Marinos/Golfo Suplemento Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â    2.00  Â $Â Â Â Â Â Â Â Â Â Â Â Â  1,500,061  76.1 7 VC-02 Veracruz Â Â Â Â  251.40  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    3  Â Â Â Â Â Â  40.00  4,300 Â $Â Â Â Â Â Â Â Â Â Â Â  4,300,000  Â Â Â Â Â Â Â Â Â Â Â Â    6,900  Â $Â Â Â Â Â Â Â Â  6,900,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  13,800,000  Â  Jaguar Petrosynergy / Quimica Apollo Â Â Â Â Â Â Â Â    25.66  Â Â Â Â Â Â Â Â Â Â    2.00  Â  88.1 8 VC-03 Veracruz Â Â Â Â  231.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    1  Â Â Â Â Â Â  40.00  4,700 Â $Â Â Â Â Â Â Â Â Â Â Â  4,700,000  Â Â Â Â Â Â Â Â Â Â    10,100  Â $Â Â Â Â Â Â  10,100,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  20,200,000  Â  Jaguar Â  Â  Â  Â  77 9 CS-01 Sureste Â Â Â Â Â Â  95.20  Â Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    9  Â Â Â Â Â Â  45.00  3,100 Â $Â Â Â Â Â Â Â Â Â Â Â  3,100,000  Â Â Â Â Â Â Â Â Â Â    17,100  Â $Â Â Â Â Â Â  17,100,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  34,200,000  Â $Â Â Â Â Â Â Â Â Â Â Â  28,890,000  Jaguar Promotora y Operadora/Petrolero 5M de Golfo Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â    2.00  Â $Â Â Â Â Â Â Â Â Â Â  10,117,000  75.4 10 CS-02 Sureste Â Â Â Â  248.00  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    3  Â Â Â Â Â Â  40.00  2,800 Â $Â Â Â Â Â Â Â Â Â Â Â  2,800,000  Â Â Â Â Â Â Â Â Â Â Â Â    6,200  Â $Â Â Â Â Â Â Â Â  6,200,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  12,400,000  Â  Shandong / Sicoval / Nuevas Soluciones DEP PYG Â Â Â Â Â  Â Â Â 22.51  Â Â Â Â Â Â Â Â Â Â Â Â Â Â    -Â Â   Â  74.5 11 CS-03 Sureste Â Â Â Â  215.10  Â Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    6  Â Â Â Â Â Â  45.00  2,500 Â $Â Â Â Â Â Â Â Â Â Â Â  2,500,000  Â Â Â Â Â Â Â Â Â Â Â Â    6,500  Â $Â Â Â Â Â Â Â Â  6,500,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  13,000,000  Â  Shandong / Sicoval / Nuevas Soluciones Tonalli Energia Â Â Â Â Â Â Â Â    33.30  Â Â Â Â Â Â Â Â Â Â Â Â Â Â    -Â Â   Â  76.7 12 CS-04 Sureste Â Â Â Â  244.80  Â Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    4  Â Â Â Â Â Â  45.00  2,700 Â $Â Â Â Â Â Â Â Â Â Â Â  2,700,000  Â Â Â Â Â Â Â Â Â Â Â Â    5,800  Â $Â Â Â Â Â Â Â Â  5,800,000  Â Â Â  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  11,600,000  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â  6,182,000  Carso Oil and Gas ShandongÂ  / Sicoval /   Nuevas Soluciones E Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â    2.00  Â $Â Â Â Â Â Â Â Â Â Â Â Â  2,179,000  73.3 13 CS-05 Sureste Â Â Â Â  233.60  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â  Â Â Â Â Â Â Â Â Â Â Â 3  Â Â Â Â Â Â  40.00  2,600 Â $Â Â Â Â Â Â Â Â Â Â Â  2,600,000  Â Â Â Â Â Â Â Â Â Â    10,200  Â $Â Â Â Â Â Â  10,200,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  20,400,000  Â $Â Â Â Â Â Â Â Â Â Â Â  13,170,000  Carso Oil and Gas ShandongÂ  / Sicoval /   Nuevas Soluciones E Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â    2.00  Â $Â Â Â Â Â Â Â Â Â Â Â Â  2,350,000  69.9 14 CS-06 Sureste Â Â Â Â  148.20  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    3  Â Â Â Â Â Â  40.00  1,800 Â $Â Â Â Â Â Â Â Â Â Â Â  1,800,000  Â Â Â Â Â Â Â Â Â Â    15,800  Â $Â Â Â Â Â Â  15,800,000  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  2  Â $Â Â Â Â Â Â Â Â Â Â Â Â Â Â  31,600,000  Â  Jaguar Perseus Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â    1.00  Â  86.2 Totals/Avg Â  Â  Â  2,594.80  Â  Â Â Â Â Â Â Â Â Â Â Â Â Â    52  35.2 Â  Â $Â Â Â Â Â Â Â Â Â  48,400,000  Â  Â  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  25  Â $Â Â Â Â Â Â Â Â Â Â Â Â  230,700,000  Â $Â Â Â Â Â Â Â Â Â Â Â  83,738,264  Â  Â  Â  Â  Â $Â Â Â Â Â Â Â Â Â Â  25,341,082  74.5 Â  Preliminary Results - CNH-RO2-LO3/2016 Bid Round â By Company â 7/12/2017 Company NAWI sq km Net Work Commitments to WI_USD Net Bonus to WI USD CNH Estimated Total State Take % by Operator Jaguar Â Â Â Â Â  798.90  Â $Â Â Â Â Â Â  129,800,000.00  Â $Â Â Â Â  54,990,000.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    84.94  Carso Oil and Gas Â Â Â Â Â  478.40  Â $Â Â Â Â Â Â Â Â  37,300,000.00  Â $Â Â Â Â  19,352,000.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    71.60  Iberoamericana Â Â Â Â Â  149.28  Â $Â Â Â Â Â Â Â Â  17,350,000.00  Â $Â Â Â  Â Â Â 2,118,632.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â    62.15  Servicios PJP4 Â Â Â Â Â  149.28  Â $Â Â Â Â Â Â Â Â  17,350,000.00  Â $Â Â Â Â Â Â  2,118,632.00  Â  Shandong Â Â Â Â Â  223.18  Â $Â Â Â Â Â Â Â Â  16,184,000.00  Â $Â Â Â Â Â Â Â Â  740,860.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  Â Â Â Â Â Â 75.77  Nuevas Soluciones Â Â Â Â Â  216.61  Â $Â Â Â Â Â Â Â Â  15,708,000.00  Â $Â Â Â Â Â Â Â Â  719,070.00  Â  Sicoval Â Â Â Â Â  216.61  Â $Â Â Â Â Â Â Â Â  15,708,000.00  Â $Â Â Â Â Â Â Â Â  719,070.00  Â  Newpek Â Â Â Â Â  181.28  Â $Â Â Â Â Â Â Â Â  14,850,000.00  Â $Â Â Â Â Â Â  1,490,000.01  Â Â Â Â Â Â Â Â Â Â Â Â Â  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 67.35  Verdad Â Â Â Â Â  181.28  Â $Â Â Â Â Â Â Â Â  14,850,000.00  Â $Â Â Â Â Â Â  1,490,000.01  Â  Totals Â Â  2,594.80  Â $Â Â Â Â Â Â  279,100,000.00  Â $Â Â Â Â  83,738,264.02  Â  Â  Count CNH-RO2-LO3/2016 Bid Round - Preliminary Participating Companies   - Individual - 11 Winning Bids Total Number of Bids 1 Carso Oil & Gas, S.A. de C.V. 2 4 2 DEP PYG, S.A.P.I. de C.V. Â  3 3 Ecopetrol Global Energy, S.L.U. Â  1 4 Grupo R Exploracion y Produccion, S.A. deÂ  C.V. Â  3 5 Iberoamericana de Hidrocaruburos, S.A. de C.V. Â  1 6 Jaguar Exploracion y Produccion de Hidrocarburos, S.A.P.I. de   C.V. 5 6 7 P&S Oil and Gas, S. de R.L. de C.V. Â  1 8 Perseus Exploracion Terrestre, S.A. de C.V. Â  1 9 PetroBal, S.A.P.I. de C.V. Â  2 10 Tonalli Energia S.A.P.I. de C.V. Â  4 Count CNH-RO2-LO3/2016 Bid Round - Final Participating Consortia - 7 Â  Â  1 Iberoamericana de Hidrocaruburos, S.A. de C.V. / Servicios PJP4   de Mexico S.A. de C. V. 2 2 2 Newpek Exploracion Y Extraccion, S.A. de C.V. / Verdad   Exploration Mexico LLC 2 4 3 NG Oil and Gas, S.A.P.I. de C.V. / AINDA Consultores S. A. de C.   V. / Petroleos Madere, S.A. de C. V. Â  2 4 Petrosynergy S.A. / Quimica Apollo, S.A. de C. V. Â  5 5 Promotora y Operadora de Infraestructura, S.A.B. de C. V.Â  / Petrolero 5M de Golfo, S.A.P.I. de C. V. Â  1 6 Roma Exploration and Production LLC / Tubular Technology, S.A.   de C.V. / Suministros Marinos e Industrialies de Mexico S.A. de C. V. / Golfo   Suplemento Latino, S.A. de C. V. Â  4 7 Shandong Kerui Oilfield Service Group Co, Ltd / Sicoval MX, S.A.   de C. V. / Nuevas Soluciones Energeticas A&P, S. A. de C. V. 3 8 Â  Â  Blocks on offer CNH-RO2-LO3/2016 Bid Round and Additional Royalties as published by the CNH on 17 May 2017 Â  Area Name Basin Area sq km Number of Fields Fields Type Hydrocarbons Min Work Units Mininum Additional Royalties % Maximum Additional Royalties % CNH - Est Prospective Resources - MMboe CNH - Fields Est Original Remaining Volumes - MMboe 1 BG-01 Burgos 99.25 4 Carlos, Carlota, Picadillo, Llano Blanco Gas and condensate 3,700 Â Â Â Â Â Â Â Â Â Â    2.40  Â Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  3.30  Â Â Â Â Â Â Â Â Â Â Â Â Â Â    8.70  2 BG-02 Burgos 162.95 3 Francisco Cano, Trevino, Tundra Oil & gas 4,000 Â Â Â Â Â Â Â Â Â Â    2.40  Â Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  5.10  Â Â Â Â Â Â Â Â Â Â Â Â Â    74.90  3 BG-03 Burgos 199.6 4 Cruz, Escobedo, Niquel, Palito Blanco Gas and condensate 4,700 Â Â Â Â Â Â Â Â Â Â    2.40  Â Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â  Â Â Â Â Â Â Â Â Â Â Â Â Â Â 7.30  Â Â Â Â Â Â Â Â Â Â Â Â Â Â    1.50  4 BG-04 Burgos 199.3 2 Aquiles, Nutria Dry gas 4,100 Â Â Â Â Â Â Â Â Â Â    2.40  Â Â Â Â Â Â Â Â Â    25.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  20.00  Â Â Â Â Â Â Â Â Â Â Â Â Â    87.20  5 TM-01 Tampico-Misantla 72.4 3 Gutierrez Zamora, Miguel Hidalgo, Vicente Guerrero Oil & gas 3,100 Â Â Â Â Â Â Â Â Â Â    2.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  1.30  Â Â Â Â Â Â Â Â Â Â Â Â Â    54.60  6 VC-01 Veracruz 193.3 3 Lagarto 2, Plan de Oro, Tres Higueras Oil 4,300 Â Â Â Â Â Â Â Â Â Â    2.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  3.80  Â Â Â Â Â Â Â Â Â Â Â Â Â Â    5.30  7 VC-02 Veracruz 251.4 1 Manuel Rodriguez Aguilar Oil 4,300 Â Â Â Â Â Â Â Â Â Â    2.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  8.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â    2.00  8 VC-03 Veracruz 231.7 3 Adolfo Lopez Mateos, Casa Blanca, Mata Violin Oil & gas 4,700 Â Â Â Â Â Â Â Â Â Â    2.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  17.80  Â Â Â Â Â Â Â Â Â Â Â Â Â Â    2.40  9 CS-01 Sureste 95.2 2 Cafeto, Vernet Oil, gas and condensate 3,100 Â Â Â Â Â Â Â Â Â Â    3.90  Â Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â    Â Â Â Â Â Â Â 22.60  Â Â Â Â Â Â Â Â Â Â Â Â Â    91.00  10 CS-02 Sureste 248 Â Â Â Â Â Â Â Â  -Â Â   Â  Light oil & gas 2,800 Â Â Â Â Â Â Â Â Â Â    2.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  13.40  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â Â   11 CS-03 Sureste 215.1 Â Â Â Â Â Â Â Â  -Â Â   Â  Light oil & gas 2,500 Â Â Â Â Â Â Â Â Â Â    3.90  Â Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  31.30  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â Â   12 CS-04 Sureste 244.8 Â Â Â Â Â Â Â Â  -Â Â   Â  Light oil & gas 2,700 Â Â Â Â Â Â Â Â Â Â    3.90  Â Â Â Â Â Â Â Â Â    45.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  38.10  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â Â   13 CS-05 Sureste 233.6 Â Â Â Â Â Â Â Â  -Â Â   Â  Light oil & gas 2,600 Â Â Â Â Â Â Â Â Â Â    2.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  48.40  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â Â   14 CS-06 Sureste 148.2 Â Â Â Â Â Â Â Â  -Â Â   Â  Light oil & gas 1,800 Â Â Â Â Â Â Â Â Â Â    2.70  Â Â Â Â Â Â Â Â Â    40.00  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  30.70  Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  -Â Â   Â  Â 
Mexico (Campeche Deep Sea B.) (It's a petroleum rights. Please summarize by yourself). In IHS database: 11 op. by REPSOL (60.0%, SIERRA PER 40.0%) to be check.10 op. by ENI SPA (100.0%) to be check.12 op. by LUKOIL (100.0%) to be check.14 op. by ENI SPA (60.0%, CITLA 40.0%) to be check.Area 13 op. by SHELL (50.0%, TOTAL 25.0%, EXXONMOBIL 17.5%, STATOIL 7.5%) to be check.2 op. by PEMEX (50.0%, RWE 50.0%) to be check.7 op. by ENI SPA (45.0%, CAIRN EN 30.0%, CITLA 25.0%) to be check.9 op. by OTP (49.0%, ETAP 51.0%, TPS 0.0%) to be check.15 op. by TOTAL (60.0%, SHELL 40.0%) to be check.