The government of the Federation of Bosnia and Herzegovina has launched the bidding round in which four blocks - BiH Po-1, BiH Po-2, BiH Tz and BiH D-1 â within the limits of the Federation are expected to be licenced. On 7 January 2020 the government published information relevant to the bidding round and the data room on its website, located here. The documents include an overview of the blocks, regulations, evaluation criteria, submission forms and an indicative timeline. The timeline states that the bidding round commenced on 1 October 2019, the deadline for bid submissions is 27 May 2020 at 2.00 pm local time, the winner announcements will be on 24 June 2020 and the finalisation of negotiations and contract execution is expected to be in September 2020. All questions related to the bidding instructions (including requests for clarification and amendments) may be sent to both of the following e-mail addresses: oil.gas@fmeri.gov.ba and BiHLicensingQueries@ihsmarkit.com.  Interested parties can gain access to the data from the Geological Survey in Sarajevo. The data includes geological, geochemical and geophysical reports, a GIS dataset and subsurface data.  In early September 2019 the Government of the Federation of Bosnia and Herzegovina and the Federal Ministry of Energy Mining and Industry (FMERI) announced they will launch a bidding round for three blocks in the southern margin of the Pannonian Basin (BiH Po-1, BiH Po-2 and BiH Tz) and one block in the External Dinarides (BiH D-1). Block BiH Tz is in the Tuzla Basin, in the most southerly extent of the Pannonian Basin. The block is 1,511 sq km with 98 km of 2D seismic and 27 wells drilled within the licence. Of the 27 wells, 17 were oil bearing and five were oil and gas bearing. Eight leads and two prospects have been mapped in BiH Tz, with the main reservoir identified as the Upper Miocene deltaic to marine sandstones. Block BiH Po-1 is 110 sq km with 24 km of 2D seismic and 2 wells drilled towards the south of the licence. Block BiH Po-2 is 98 sq km with 27.6 km of 2D seismic and three wells drilled within the licence. Two wells close to BiH Po-1 and BiH Po-2 encountered oil shows and traces of oil and gas in Cretaceous, Eocene and Oligocene layers. Two leads have been identified and mapped in BiH Po-1 and one prospect has been mapped in BiH Po-2. The BiH D-1 block is 3,237 sq km and it is covered by 165 km of 2D seismic. No wells have been drilled within the licence. This block is considered to be a high risk and high reward opportunity due to its structural complexity. Hydrocarbon accumulations could be trapped in large footwall traps or restricted hanging wall traps at the thrust faults. The reservoir at the DiH D-1 block is expected to be the Upper Permian and Lower Triassic clastics and Jurassic and Lower Cretaceous dolomites.   To provide further information regarding the technical potential of the four blocks on offer and to present the regulatory and fiscal terms and conditions, the FMERI hosted a roadshow in Sarajevo and another in London during October 2019. In addition, the FMERI and the Federal Institute for Geology representatives were present at the Central-Eastern Europe and Caspian (CEEC) Scout Group Meeting in Ankara, Turkey on the 3 - 4 October 2019 and they attended the Balkans Petroleum Summit on the 24 - 25 October 2019 in Montenegro to provide information about the blocks.  The Republic of Bosnia and Herzegovina is divided in two political entities, the Federation of Bosnia and Herzegovina and the Republic of Srpska. The district of Brcko is a third self-governing administrative unit in the northeastern part of the country.   Between 1989 to 1992 Amoco carried out a project across the Dinarides. Prospective structures were identified close to Trebinje, Stolac, Nevesinje, Mostar and Dreznica (which was described as a megastructure). It was reported from this study that there is oil and gas potential at depths of approximately 2,000 m to 4,000 m in the northern region and between 4,000 m to 6,000 m in the southern Dinarides area.   In early November 2011 the government of the Federation of Bosnia and Herzegovina signed a Memorandum of Understanding with Shell to assess the country's hydrocarbon potential and develop a data room. According to Shellâs studies, the Dinarides area have oil particularly in the area of Gornja Dreznica. Oil was also identified near the Posavina enclave (north) and Majevica (northeast). Following Shellâs decision in October 2015 to put an end to its exploration project in the country, the local paper Dnevni Avaz announced that Croatian INA, Australian Key Petroleum, French Total and British Spectrum had sent letters of intent to the Federation between late October 2015 and mid-February 2016.    The four blocks on offer:           Block   names         Geological location         Area (km2)         Location (cities area)             BiH D-1         The Dinarides         Â 3,237          Mostar, Siroki Brijeg             BiH Po-1         The Pannonian Basin         Â 110          Odzak             BiH Po-2         The Pannonian Basin         Â 93          Orasje             BiH Tz         The Pannonian Basin         Â 1,511          Tuzla
The government of the Federation of Bosnia and Herzegovina has launched the bidding round in which four blocks - BiH Po-1, BiH Po-2, BiH Tz and BiH D-1 â within the limits of the Federation are expected to be licenced. On 7 January 2020 the government published information relevant to the bidding round and the data room on its website, located here. The documents include an overview of the blocks, regulations, evaluation criteria, submission forms and an indicative timeline. The timeline states that the bidding round commenced on 1 October 2019, the deadline for bid submissions is 27 May 2020