On 19 June 2017, LUKOIL Upstream Mexico S. De R.L. de C.V., was awarded Block 12 with state participation of 75% and a one well commitment.
Block 12 is in the southern part of the Gulf of Mexico, 50km from the coast (Port of Torno Largo). Water depth within the block changes from 150 to 400 meters averaging 200 meters. The area of the block is 521 square kilometers.
The Production Sharing Agreement was executed on 25 September 2017 with CNH and planning/preparations are underway for drilling of the first exploration well.