Investor Relations Tel. 0-2537-5919, 0-2537-5304, 0-2537-5779, 0-2537-4446, 0-2537-4000 ext. 800-7374
1 February 2018
President
The Stock Exchange of Thailand
93 Ratchadapisek Road, Din Daeng
Bangkok 10400
Dear Sir,
Subject: Results of Mexico Bidding Round
Block | Area | Partners' share | |
12 |
Mexican Ridges (Western Gulf of Mexico) | PC Carigali Mexico Operations, S.A. de C.V.* (operator) | 60% |
Ophir Mexico Limited | 20% | ||
PTTEP MEP | 20% | ||
29 |
Campeche (Southern Gulf of Mexico) | Repsol Exploración México, S.A. de C.V. (operator) | 30% |
PC Carigali Mexico Operations, S.A. de C.V.* | 28.33% | ||
Sierra Nevada E&P, S. de R.L. de C.V. | 25% | ||
PTTEP MEP | 16.67% |
Investment in the Gulf of Mexico exploration blocks is in alignment with PTTEP's strategy to expand exploration activities to prolific areas by partnering with experienced operators. The concession agreement signing is expected to complete within May 2018.
Please be informed accordingly.
Sincerely yours,
Somporn Vongvuthipornchai
Somporn Vongvuthipornchai
Chief Executive Officer
PTT Exploration & Production pcl published this content on 01 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 February 2018 05:44:01 UTC.
Original documenthttp://www.pttep.com/en/Investorrelations/Regulatorfilings/Setnotification/Resultsofmexicobiddinground.aspx
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