Schedule of the 2nd Cycle of the Open Acreage - Production Sharing
Published in
Aug 31, 2023 09:27 AM
Updated in
Aug 31, 2023 09:41 AM
The schedule established for the 2nd Cycle of the Open Acreage of Production Sharing was published in the DOU on 08/17/2023.
The Bidding Round Special Commission may modify or suspend it, giving due publicity and preserving the deadlines and rights of the bidders.
| Event | Date |
| Opening of the 2nd Cycle of the Open Acreage Production Sharing | 08/17/2023 |
| Deadline for new applications (completion of application form, delivery of application documents and payment of the participation fee) | 08/24/2023 |
| Deadline for registered bidders to present declarations of the blocks of interest accompanied by offer guarantees for the blocks contained in ANNEX I of the tender protocol | 09/28/2023 |
| Deadline for submission of qualification documents | 09/28/2023 |
| Disclosure of blocks on offer in the 2nd Cycle of the Open Acreage Production Sharing | 10/16/2023 |
| End of period for qualified bidders to present declarations of the blocks of interest accompanied by offer guarantees for the blocks on offer in the 2nd Cycle of the Open Acreage Production Sharing | 11/08/2023 |
| Public session for the presentation of bids | 12/13/2023 |
| Adjudication of the object and homologation of the bidding | until 30/01/2024 |
| Deadline for delivery of documents: (i) for signing the Production Sharing contracts; and (ii) of the affiliate named to sign the agreement, where applicable | 18/03/2024 |
| Deadline for paying the signing bonus | 18/03/2024 |
| Signature of Production Sharing Agreements | until 31/05/2024 |