SHALLOW WATERS

With an average allocation of blocks by over 60 percent in Rounds 1.1 and 2.1, and with the important discovery of a reservoir bigger than 1,000 million boe located in Block 7, assigned in Round 1.1 to Talos Energy in consortium with Sierra O&G and Premier Oil, we can say that the activities of E&P in shallow waters are taking a lead role for the O&G industry in Mexico, particularly for the incorporation of reserves and to complement and increase the activities that PEMEX has been doing for a long time in the Gulf of Mexico.