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Gold/Mining/Energy : Big Dog's Boom Boom Room

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Recommended by:
evestor
LoneClone
To: Dennis Roth who wrote (185211)8/15/2014 9:27:27 AM
From: Dennis Roth2 Recommendations   of 206326
 
Mexico Energy Reform
On track to delivering accelerated timeline - First bids to be awarded in May-15
15 August 2014 sendspace.com

The Ministry of Energy announced the results of Round Zero...
...also disclosed the fields and areas to be awarded in Round 1...

...US$12.6bn annual investment requirements for Round 1 and Pemex farm-
out projects represent a ~40% increase over the US$30bn annual
investments Pemex was planning to do alone during the next four years.

The bidding processes for Round 1 and Pemex farm-out will happen
simultaneously.

¦ November 2014: The preliminary terms for the tenders will be established.
¦ February 2015: Data rooms will be opened for review.
¦ May- September 2015: contracts will be awarded for Round 1...

...Rounds progressing faster-than-expected – watch for the detailed fiscal
terms.
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