Mexico’s farm-out auction called a success

摘要

Calgary-Mexico’s oil and gas farm-out auction this week was generally seen as positive for the revitalization of mature fields, but more projects need to be offered in future auctions, analysts said Thursday. Mexico’s National Hydrocarbon Commission Wednesday awarded Germany’s DEA Deutsche Erdoel the license for Pemex’s Ogarrio farm-out project, and awarded Egypt’s Cheiron Holdings the license for the Cardenas-Mora farm-out.