On 27 March 2018, the consortium of PEMEX and CEPSA, was granted a preliminary award for the 813 sq km Area 18, G-TMV-08 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 40.51% state take over the minimum of 22.5% for the Area 18 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 50% working interest, and CEPSA with 50% working interest.      There were no other bids for the block.
the consortium of PEMEX and CEPSA, was granted a preliminary award for the 813 sq km Area 18, G-TMV-08 block from the CNH-RO3-LO1/2017 Bid Round. 