PowerPoint Presentation · 2019-10-03 · • Citla’s participation: 40% • With 37.27%...

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B7 Citla’s participation: 25% Ehécatl spud date: Q4 2019 Primary target: Lower Miocene Expected duration: 70 days Water depth: 426 m Second well location will be determined after analyzing results in Ehécatl One of the most competitive blocks in Round 2.1 with 5 bidders. Huge hydrocarbon potential Ehécatl 6

Transcript of PowerPoint Presentation · 2019-10-03 · • Citla’s participation: 40% • With 37.27%...

Page 1: PowerPoint Presentation · 2019-10-03 · • Citla’s participation: 40% • With 37.27% government profit share, B14 is a very attractive block in case of a commercial discovery

B7

• Citla’s participation: 25%

• Ehécatl spud date: Q4 2019• Primary target: Lower Miocene• Expected duration: 70 days• Water depth: 426 m

• Second well location will be determined after analyzing results in Ehécatl

One of the most competitive blocks in Round 2.1 with 5 bidders. Huge hydrocarbon potential Ehécatl

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Page 2: PowerPoint Presentation · 2019-10-03 · • Citla’s participation: 40% • With 37.27% government profit share, B14 is a very attractive block in case of a commercial discovery

B9

• Citla’s participation: 35%• Alom

• Spud date: Q3 2019• Primary target: Pleistocene• Expected duration: 45 days• Water depth: 114 m

• Bitol• Spud date: Q4 2019• Primary target: Lower Miocene• Expected duration: 75 days• Water depth: 145 m

• Expected gross investment: up to 180 MMUSD for current exploration plan

Bitol

Alom

The most competitive block in Round 2.1 with 6 bidders. Huge hydrocarbon potential

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13 kmBitol-1 Alom-1

Pleistocene

Allochthonous Salt

Bitol-1 Alom-1

Page 3: PowerPoint Presentation · 2019-10-03 · • Citla’s participation: 40% • With 37.27% government profit share, B14 is a very attractive block in case of a commercial discovery

B14

• Citla’s participation: 40%

• With 37.27% government profit share, B14 is a very attractive block in case of a commercial discovery

• Xulum• Xulum was discovered on 2006• CNH’s original estimation was over 600 mmboe

at bid• Studies are being executed to demonstrate

possible larger potential • Drill or no drill decision should be taken by 2021

• Additional prospects and leads might increase the value as critical mass would be added to Xulum

High potential value with an existing discovery and a low profit share

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Page 4: PowerPoint Presentation · 2019-10-03 · • Citla’s participation: 40% • With 37.27% government profit share, B14 is a very attractive block in case of a commercial discovery

B15

• Citla’s participation: 50%

• Attractive 27.88% government profit share

• Located on the Golden Belt, a region with highly productive fields like Poza Rica, Agua Fría and San Andrés

• Proven petroleum system through existing field Tiburón

• Western environmentally sensitive area was relinquished

Lowest profit share in the portfolio, located in one of the most productive basins in the country

Golden Belt

Relinquished area

Block 15

B15

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