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Mexico's Round One final terms - shallow-water exploration

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Report summary

On 9 June 2015 Mexico announced the final terms for the shallow water exploration opportunities on offer in Round One. The changes made are very positive improvements over earlier terms. The regulators have decreased the amount of bureaucratic monitoring while improving the fiscal terms through recognition of the risk inherent to exploration activities.

What's included

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  • Document

    Mexico's Round One - shallow-water exploration final terms

    PDF 454.12 KB

Table of contents

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Tables and charts

This report includes 6 images and tables including:

Images

  • Mexico's Round One final terms - shallow-water exploration : Image 1
  • EMV (15% discount rate) of the initial version of the fiscal regime announced in December 2014
  • EMV (15% discount rate) of the final version of the fiscal regime announced in June 2015
  • Illustrative fiscal regime comparison - government take and IRR

Tables

  • Mexico's Round One final terms - shallow-water exploration : Table 1
  • Appendix

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