Radar > 227169

Sierra Oil & Gas consortium wins blocks 2 and 7 in Ronda Uno energy tenders

Consorcio de Sierra Oil & Gas gana bloques 2 y 7 de Ronda Uno

Intel ID : 227169
Synopsis

A consortium comprised of oil companies Sierra Oil & Gas, based in Mexico City, Talos Energy, based in Houston, Texas, and Premier Oil, based in London, UK, was the winner of blocks 2 and 7 in the first stage of Mexico's Ronda Uno energy tenders, reported CNN Expansión on 15 July, 2015.

Block 2 covers a 194-km2 surface and is located opposite the Veracruz coast, while block 7 covers a 465-km2 surface and is located opposite the Tabasco coastline.

Out of 14 blocks included in the tender, the Mexican government only allocated these two in the first stage (see related intel).
(content in spanish)

Un consorcio conformado por las petroleras Sierra Oil & Gas, con sede en México D.F., Talos Energy, con sede en Houston, Texas, y Premier Oil, con sede en Londres, Reino Unido, ha resultado ganador de los bloques 2 y 7 de la primera fase de licitaciones de Ronda Uno del gobierno mexicano, ha publicado CNN Expansión el 15 de julio de 2015.

El bloque 2 cubre un área de 194 km2 y está ubicado frente a las costas de Veracruz, mientras que el bloque 7 cubre un área de 465 km2 y se encuentra frente a las costas de Tabasco.

De los 14 bloques licitados, solo estos dos fueron adjudicados en esta primera fase (ver intel relacionado).

Relevant Documents

Bidder

Premier Oil
United Kingdom

Advisors

retained
Mexico

Advisors

retained
Talos Energy
United States

Advisors

retained

Intel ID 227169
Value ND
Native Currency Mexican Peso (MXN)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

Secondary Sectors (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Ultimate Owner (Seller)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Public Services (Primary)
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

Secondary Sectors (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Website
Description

Legal Advisory

Radar

Date Title Type Intel Grade Country Subsector  

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.