Round 2.1 of the Mexico Energy Reform bidding process

MCM Abogados, Mayer Brown, Thompson & Knight and Haynes and Boone advised on the bidding process

Mexico completed its successful shallow water round, Round 2.1,

Twenty individual companies, and 16 consortia from 15 countries participated in Round 2.1.

The day belongs to Eni’s Mexico subsidiary, which won three areas out of the five on which it submitted a bid, both solo and as part of a joint venture. Eni’s wins were in the Southeast Basin, where it already holds acreage from Round 1.2. In March, Eni it had encountered oil at its Amoco-2 well, in the Southeast Basin, some 200km offshore Ciudad de Carmen.

The Round 2.1 also marks Colombia’s official entry into the Mexican market, with the state-owned firm Ecopetrol winning two areas in consortium with other state-owned oil and gas firms, Malaysia’s Petronas (Area 6) and Mexico’s Pemex (Area 8).

A total of 10 contracts, with nine committed exploration wells were the result of today’s round. If results from these blocks prove successful, Mexico expects to reach a production of 170,000 boe/d, Coldwell said in a press conference following Round 2.1.

MCM Abogados advised Citla Energy, Eni México, Capricorn Energy Limited and LUKOIL International with a team including Manuel Cervantes (Picture), Mariana Hernández, Jorge Cabeza and Marilú López.

Mayer Brown advised Ecopetrol with Pablo Ferrante and Jessica Solis.

Thompson & Knight, advised Petronas with Luis F. Gomar, Luis Moreno, Roxana Burciaga and Juan Riestra.

Haynes and Boone advised Noble Energy México with William Hunt Buckley and Eduardo Corzo.

Involved fees earner: Manuel Cervantes – MCM Abogados; Mariana Hernández – MCM Abogados; Jorge Cabeza – MCM Abogados; Marilú López – MCM Abogados; Pablo Ferrante – Mayer & Brown; Jessica Solis Carrillo – Mayer & Brown; Luis Gomar – Thompson Knight LLP; Luis Moreno Treviño – Thompson Knight LLP; Roxana Burciaga Contreras – Thompson Knight LLP; William Buckley – Haynes and Boone; Eduardo Corzo Ramos – Haynes and Boone;

Law Firms: MCM Abogados; Mayer & Brown; Thompson Knight LLP; Haynes and Boone;

Clients: Petronas; Lukoil; Noble Energy; Ecopetrol SA; Eni S.p.A.; Capricorn Energy Limited; Citla Energy, S.A.P.I. de C.V.;


Author: Ambrogio Visconti.