5 de diciembre de 2016 / 16:31 / en un año

BRIEF-BHP wins bid for stake in deep-water Trion field in Gulf of Mexico

Dec 5 (Reuters) - BHP Billiton Plc

* Submitted winning bid to acquire a 60 per cent interest in and operatorship of blocks containing Trion Discovery located in deep-water Gulf of Mexico

* Says PEMEX Exploration & Production Mexico (PEMEX) will retain a 40 percent interest in blocks

* Says PEMEX estimates gross recoverable resource to be 485 mmboe

* Says bid for Trion includes an upfront cash payment of $62.4 million and a commitment to a minimum work program (estimated to be up to a maximum of $320 million)

* Says should BHP and PEMEX agree to progress project beyond minimum work program BHP would be required to invest remainder of $570 million minimum work contribution

* Says should BHP Billiton and PEMEX agree to progress project beyond minimum work program BHP would also be required to invest a $624 million cash contribution

* Says BHP Billiton’s bid also includes a commitment to an additional royalty of 4 pct Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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