On 27 March 2018, the consortium of ENI and Lukoil, was granted a preliminary award for the 808 sq km Area 28, G-CS-01 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      the maximum state take of 65.00% over the minimum of 22.5% for the Area 28      block and a work units factor of 1.5 equivalent to two wells.Â  Additionally the company bid a tie-break      bonus of USD 59.82 million to win the block representing the highest      tie-break bonus offered in the round.    The provisional      consortium working interest breakdown is estimated to be ENI, operator      with 50% working interest, and Lukoil with 50% working interest.        There      were four other bids for the block.Â       The second highest bidder was the consortium of DEA and Premier who      bid 65% state take, 1.5 additional work units factor, and a tie-break      bonus of USD 14.17 million.    Â 
the consortium of ENI and Lukoil, was granted a preliminary award for the 808 sq km Area 28, G-CS-01 block from the CNH-RO3-LO1/2017 Bid Round.  