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Bad week in Mexico and it is only Wednesday

Bad week in Mexico and it is only Wednesday

The map comes from the National Hydrocarbons Commission (CNH) webpage. The details for each block can be found on the same page but we provide a summary below.

Wednesday, July 15th, 2015
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Ecopetrol drops out of first Mexico bidding round

Ecopetrol (NYSE:EC) has withdrawn its participation in a consortium formed to bid on offshore blocks in the Mexico Round 1 just days ahead of the presentation of bids.

Wednesday, July 8th, 2015
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Mexico auction taking shape

Pacific Rubiales (TSX:PRE) and Ecopetrol (NYSE:EC) are the only Colombia focused operators participating in the historic bidding round that will open the Mexican oil industry to private capital, which has advanced to the next stage.

Monday, June 15th, 2015
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ECP, PRE set their sights on Mexico

Ecopetrol (NYSE:EC) and Pacific Rubiales (TSX:PRE) are both looking north and making the upcoming concession round in Mexico one of their main targets looking forward. Both are included in the list of 39 firms pre-qualified for Round One.

Wednesday, April 1st, 2015
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ANH Chief: Mexico must focus on investment, become competitive

In the transition from a state operated monopoly to a mixed scenario with private players Mexico must find ways to be competitive globally and encourage sustained private investment in exploration says Germán Arce, president of Colombia’s National Hydrocarbons Agency (ANH).

Tuesday, August 6th, 2013
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ANH Chief: Mexico must focus on investment, become competitive

In the transition from a state operated monopoly to a mixed scenario with private players Mexico must find ways to be competitive globally and encourage sustained private investment in exploration says Germán Arce, president of Colombia’s National Hydrocarbons Agency (ANH).

Tuesday, August 6th, 2013
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