January 29, 2019
The Governing Body of the CNH approved, through Resolutions CNH.E.05.001/19, CNH.E.05.002/19 and CNH.E.05.003/19, the Development Plan for Extraction, the First Work Program and the Budget associated with it, presented by Fieldwood Energy E&P México, S. de R.L. of C.V.
The Development Plan for the Ichalkil and Pokoch fields, approved by the CNH, contemplates the production of 455 million barrels of oil and 567 billion cubic feet of gas in proven and probable reserves during the term of the contract, and for which exploitation Fieldwood México and PetroBal have committed to applying the best international practices in the industry and maximizing the recovery factor of the fields.