Report summaryFronterizo was one of five blocks awarded in 2003 under the first Multiple Service Contracts (MSC) licensing round. The PTD consortium won the Fronterizo contract with an offer of US$265 million and a discount with respect to Unit Prices of 1.51%. This amount was the maximum potential investment that could be made on the block over the 15-year contract period. In addition, the contract carried a minimum investment obligation to be completed within the first three years of the license, by ...
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