Pursuant to items 1.2 and 1.3 of the Open Acreage of Production Sharing tender protocol, the cycle begins with the disclosure of the schedule of the respective cycle by the Bidding Round Special Commission.
Open Acreage cycles correspond to the holding of public sessions for the presentation of bids for one or more sectors that had a declaration of sectors of interest, accompanied by an offer guarantee, by one or more registered bidders.
As decided by the 2nd Meeting of the Open Acreage of Production Sharing Bidding Round Special Commission (CEL OPP), the indicative schedule for the 1st Cycle of Open Acreage for production sharing was published in the DOU on 08/17/2022.
With regard to bid guarantees, in the case of a consortium, these may be in the name of one or more consortium bidders, provided that the sum of the guarantees presented respects the values indicated in Table 11A of ANNEX I, as provided in item 7.1. 6 of the tender protocol.