Opportinities in Mexico Seminar14:30 17:00

You are invited!

PEMEXvisit to Aberdeen

22NOVEMBER 2010

OPPORTINITIES IN MEXICO SEMINAR14:30 –17:00

Town HouseAberdeen

WHY MEXICO?

Mexico was the 10th largest oil producer in the world in 2009, producing some 2.6 million barrels a day. The country ranks among the top 20 in terms of gas production.Mexico plans to move to deep water and is seeking north sea capability.

Mexico is a country of huge potential that has demonstrated predictable, stable economic growth. It is a dynamic market and analysts predict that its economy will be larger than the UK’s by 2040. It covers an area about the same size as the whole of Western Europe and occupies a strategic global position, being the natural bridge between Latin America to the south and the United States and Canada to the north.

ARE YOU INTERESTED IN REAL OPPORTINITIES IN MEXICO & MEETING DECISION MAKERS?

Gustavo Hernandez is Vice President for Planning and Evaluation at Pemex Exploration and Production, and formerly Vice President at Pemex Southwest Offshore Region based in Ciudad del Carmen.

Gustavo Hernandez is in charge of evaluating major projects for E&P and is in charge of the Upstream Deepwater Exploration Strategy.

Lic. Sergio Guaso is Vice-President for New E&P Contracts in Pemex,and will advice onthe specifics of the Energy Reform and its implications for international companies to do business with Pemex.

Specific Opportunities in Mexico’s oil and gas sector:

• Exploration & Appraisal Drilling
• Enhanced oil – Mature Fields.
• Geological & Seismic Studies (including 3d & 2D)
• Reservoir Appraisal & Exploration Techniques
• Deep Water Technologies
• Environmental Control Assessment
• R&D
• Training and Education
• Health & Safety
• Pipeline Construction & Maintenance (onshore & offshore)

PEMEX AND MEXICO

Around 55% of Mexico’s oil reserves are in deep waters, which poses an enormous challenge for PEMEX whose operations to date has been restricted to exploration of shallow and medium depth waters. As of January 1st 2009, total reserves reached 43 billion boe, of which proven reserves represented 13.99 billion boe, with a potential of 14.85 billion probable boe.

The vast reserves that exist within Mexico has enabled the country to export at competitive prices for the past 25 years.

However, PEMEX ‘s development strategy lies around offshore and deepwater development and enhanced oil recovery of mature fields and they are looking to incorporate the new technologies and know-how to enable this.

Pemex plans to start operations in deep waters and new forms of contracts are expected to be announced by mid-2011.

REGISTER YOUR ATTENDENCE

If interested, please return this form to: