Bracewell, MCM Abogados and White & Case advised on the transaction
Petrolera Cárdenas Mora, S.A.P.I. de C.V. (PCM), operating as a subsidiary of Grupo PICO Cheiron, secured a Financing granted by Oil Reserves from Natixis New York Branch.
In 2018, Petrolera Cárdenas Mora entered a contract with the Mexican hydrocarbon agency CNH to partner the country’s oil company Pemex in the exploration of Cárdenas-Mora, a 168-km2 onshore area located 35 km to the SE of Comacalco mostly containing super light oil.
Bracewell advised Petrolera Cárdenas Mora, S.A.P.I. de C.V. with a team including Jason Fox (Picture), Oliver Irwin, Manuel Vera, Jeris D. Brunette, Melissa Holm, Eimear Murphy, Luke A. Smith and Catherine Todd.
In Mexico, MCM Abogados advised Petrolera Cárdenas Mora, S.A.P.I. de C.V. with Manuel Cervantes and Mariana Hernández.
White & Case advised Natixis, New York Branch with a team including Tom Bartlett, Fern Han, Daniel Sánchez and Juan Pablo Ávila Ortiz.
Involved fees earner: Manuel Cervantes – MCM Abogados; Mariana Hernández – MCM Abogados; Jason Fox – Bracewell; Oliver Irwin – Bracewell; Manuel Vera – Bracewell; Jeris Diana Brunette – Bracewell; Melissa Holm – Bracewell; Eimear Murphy – Bracewell; Luke Smith – Bracewell; Catherine Todd – Bracewell; Tom Bartlett – White & Case; Fern Han – White & Case; Daniel Sánchez – White & Case; Juan Pablo Ávila Ortiz – White & Case;