Overview of the Model-Licensing Contract for the deep water exploration bid – 2016

Overview of the Model-Licensing Contract for the deep water exploration bid – 2016

February, 2016

The deep and ultra-deep water blocks to be awarded in this 4th bidding procedure provide for new technical and financial challenges much different from those faced in earlier bids.

February 25 th , 2016. Dear clients and friends, The first draft of the model licensing contract for the 4th bid of Round One has been published on December 17th 2015 - it is time to take a look at the development of the presented provisions compared to those in the previous three bidding-rounds for a first and preliminary analysis. Please click here to download the newsletter in PDF format. For more 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, Foreign Associate: + 52 (55) 5258-1008, dhuth@vwys.com.mx