document: On 27 March 2018, PEMEX with 100% working interest was granted a preliminary award for the 471 sq km Area 29, AS-CS-13 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 company      bid the maximum state take of 65.00% over the minimum of 22.5% for the      Area 31 block and a work units factor of 2 equivalent to two wells.Â  Additionally the company submitted a      tie-break bonus of USD 13.08 million.     There were three      other bids for the block.Â  The      second highest bidder was the consortium of DEA, Premier, and Sapura who      bid 65% state take and 1 additional work units factor. Â The consortium did not offer a tie-break      bonus.   Â 
summary: PEMEX with 100% working interest was granted a preliminary award for the 471 sq km Area 29, AS-CS-13 block from the CNH-RO3-LO1/2017 Bid Round.  