On 27 March 2018, the consortium of PEMEX, DEA, and CEPSA, was granted a preliminary award for the 785 sq km Area 16, G-TMV-02 block and the 842 sq km Area 17, G-TMV-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      24.23% state take over the minimum of 22.5% for the Area 16 block and      35.51% for the Area 17 block.Â  No      additional work unit factors were offered by the consortium.     The provisional      consortium working interest breakdown is estimated to be PEMEX, operator      with 33.34% working interest, DEA with 33.33%, and CEPSA with 33.33%      working interest.     There were no other      bids for the two blocks.      Â 
the consortium of PEMEX, DEA, and CEPSA, was granted a preliminary award for the 785 sq km Area 16, G-TMV-02 block and the 842 sq km Area 17, G-TMV-03 block from the CNH-RO3-LO1/2017 Bid Round. 