Client Alert: Energy Reform in Mexico - Upcoming Onshore and Offshore Bid Rounds

As a result of the continuing effort by the Mexican Government to implement the Energy Reform process and open its oil and gas industry to private investment, the National Hydrocarbons Commission (the “CNH”) has now successfully concluded four Round One and three Round Two bid rounds. To date, the CNH has awarded 69 exploration and production contracts to a variety of Mexican and international oil and gas companies.