Comments on the Model License Agreement for the deep-water exploration bidding round - 2016

Comments on the Model License Agreement for the deep-water exploration bidding round - 2016

The deep-water and ultra-deep-water blocks to be awarded in the process of this fourth bidding round anticipate new technical as well as financial challenges, different from those faced in the previous bidding rounds.

February 25, 2016. Dear clients and friends, The first version of the model license agreement for the fourth bidding round of Round One was published on December 17, 2015 - now is the time to comment on the development of the provisions presented in comparison with the terms and conditions of the three previous bidding rounds. Click here to download the note in PDF format. For additional information, please contact our experts: Edmond Grieger, Partner: + 52 (55) 5258-1048, egrieger@vwys.com.mx Adrián Magallanes, Partner: + 52 (55) 5258-1057, amagallanes@vwys.com.mx Ariel Garfio, Associate: + 52 (55) 5258-1008, agarfio@vwys.com.mx Daniel Huth, International Associate: + 52 (55) 5258-1008, dhuth@vwys.com.mx

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