2.  In Mexico, before the energy constitutional reform, Pemex was the only operator performing exploration and production activities.  Pemex was a state-owned company, incorporated as a decentralized organization of the Federal Public Administration, in accordance with the Decree of 1938.  Pemex regulated itself in exploration, production, industrial safety and environmental protection.  With the Energy Reform of 2013, Pemex became a State Productive Enterprise.  Pemex became only one player in the hydrocarbon sector. Pemex in the new escenario: Introduction

3. Pemex in the new escenario: Round Zero

4.  83% of Mexico’s 2P reserves  21% of Mexico’s prospective resources  Production platform: 2.5 Million Barrels Per Day for 20.5 years  489 Allocations: 108 in Exploration 381 in Production Pemex’s Allocations Pemex in the new escenario: Round Zero

5. Mexico’s Energy Reform: Brief Update  21 Laws  25 Regulations Regulatory Framework  Strengthening of CNH & CRE  Creation of ASEA & FMP Institutions  Pemex transformation into State Productive Enterprise State Productive Enterprises  Round Zero  Round One Bid 1, Bid 2, Bid 3… Rounds

6. Mexico’s Energy Reform: New Tools  Checks and balances amongst institutions.  Publicly available information.  Live sessions (bidding rounds, regulatory agencies meetings).  Strict Ethics Codes.  Clear feedback mechanisms throughout the bidding process.

7. Mexico’s Energy Reform: Round One Bid 1 & 2

8. 49 Companies that showed interest: Date of Announcement: 11 de diciembre de 2014 Submission of Proposals: 15 de julio de 2015 34 Participants who started the prequalification: Mexico’s Energy Reform: Round One Bid 1 * Update: 9 may 2015

9. 10 27 * Update: 9 may 2015 Date of Announcement: 27 de febrero de 2015 Submission of Proposals: 30 de septiembre 2015 Atlantic BG Group BP CASA Exploración CHEVRON CNOOC Compañía Española de Petróleo, S.A (CEPSA) DEA DEUTSCHE ERDOEL AG Diavaz offshore E&P Hidrocarburos y Servicios Ecopetrol ENI INTERNATIONAL Exploration & Production PCL Galp Energía E&P BV Hunt Overseas LUKOIL NBL México INC. PEMEX Perforadora México Petronas Carigali Premier Oil Sánchez Oil & Gas Corporation Sapurakencana Shell Sierra Oil & Gas Sinopec Total Mexico’s Energy Reform: Round One Bid 2 Companies that showed interest: Participants who started the prequalification:

10. Mexico’s Energy Reform: Round One Bid 3

11.  26 Land Allocations in 5 different States: Oil Fields = 14 Gas Fields = 12  Nuevo León = 8  Tamaulipas = 2  Veracruz = 6  Tabasco = 5  Chiapas = 5 Land Allocations

12. www.ronda1.gob.mx

13. www.wfer2015.net www.wfer2015.org