On July 15, 2015, the First Tender initially published on December 11, 2014 (First Tender), came to a conclusion when the Comisión Nacional de Hidrocarburos (CNH) conducted the Opening and Presentation of Bid Proposals Ceremony. This historic event marked the official reopening of the Mexican energy industry to global participants after more than seventy (70) years.
Even though twenty six (26) Individual and Consortium Bidders, representing thirty eight (38) companies from around the world, were prequalified to present bid offers, only nine (9) Bidders attended the Ceremony. The Mexican government established minimum Government Share requirements between 25% and 40% per Contract Area.
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