Schedule of the Third Cycle of the Open Acreage of Production Sharing
The schedule established for the 3rd Cycle of the Open Acreage of Production Sharing, reproduced below, was published in the D.O.U. on June 17, 2025. The Bidding Round Special Commission may modify or suspend it, giving due publicity and preserving the deadlines and rights of the bidders.
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Event |
Date |
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Opening of the 3rd Cycle of the Open Acreage of Production Sharing |
June 17, 2025 |
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Deadline for new applications |
June 30, 2025 |
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Deadline for updating registration documents of registered bidders |
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Disclosure of the list of registered bidders eligible to participate in the 3rd Cycle of the Open Acreage of Production Sharing |
July 15, 2025 |
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Deadline for submitting declarations of interest accompanied by bid guarantees for the blocks listed in Annex I of the Tender Protocol |
August 06, 2025 |
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Disclosure of blocks on offer in the 3rd Cycle of the Open Acreage of Production Sharing |
August 20, 2025 |
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Deadline for submitting declarations of interest accompanied by bid guarantees for blocks on offer in the 3rd Cycle of the Open Acreage of Production Sharing |
September 11, 2025 |
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Deadline for submission of bid guarantees unaccompanied by a declaration of interest for blocks on offer in the 3rd Cycle of the Open Acreage of Production Sharing |
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Public session for the presentation of offers |
October 22, 2025 |
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Deadline for submission of qualification documents by winning bidders in the public session of the 3rd Cycle of the Open Acreage of Production Sharing |
November 13, 2025 |
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Awarding of the object and approval of the bidding result |
Until February 6, 2026 |
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Deadline for payment of the signing bonus and sending of proof of payment |
March 27, 2026 |
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Deadline for submission of documents: (i) for signing production sharing agreements; and (ii) for qualifying the affiliate indicated to sign the agreement when applicable |
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Signing of production sharing agreements |
Until May 29, 2026 |