Q2 2017 Global Bid Round Outlook - Mexico Looks to Learn Lessons in 2nd Shallow Water Round
Globally five bid rounds are due to close in Q2 2017, of which the ‘Lease Sale 244’ round in the US offers the highest number of blocks, followed by ‘2016 Licensing Round’ in Equatorial Guinea. In terms of acreage, Equatorial Guinea’s ‘2016 Licensing Round’ offers the most acreage of all the rounds in the quarter. Georgia’s ‘2017 Open International Tender’ offers the next highest acreage. The bid due dates of the rounds - Mexico’s ‘Round 2 - Shallow Water Exploration (R02-L01 / 2016)’, Equatorial Guinea’s ‘2016 Licensing Round’, and Brazil’s ‘4th Bidding Round (Marginal)’ - which have been postponed in the previous quarters, are due this quarter.
Provides overview of global bid rounds due to close in Q2 2017
Major developments related to bid rounds in Q1 2017
Information on each bid round due to close in Q2 2017 by country
Recent exploration and licensing history of countries where bids are due to close in the quarter
Overview of bid rounds due to close in Q3 2017.
Reasons to buy
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