Oil & Gas Deal-Doing in Mexico | Seite 17

CONTRACT TYPES : THE BASICS

CONTRACT TYPE
DESCRIPTION
PAYMENTS TO THE STATE
PAYMENTS TO THE CONTRACTOR
PROFIT SHARING CONTRACT
�
�
A monthly “ quota ” ( rental payment ) during
� the exploration period
�
The contractor parties deliver all production to CNH ’ s marketing agent , which will deliver the revenues to Mexico ’ s petroleum fund
The fund will distribute the profits to the contractor parties in cash on a monthly basis
�
�
Royalties on production once production begins
Compensation determined as a percentage of operating profit
�
Share of hydrocarbons as cost recovery pursuant to the Ministry of Finance rules
Distribution of profits to contractor on a monthly basis from Mexico ’ s petroleum fund , based on revenue generated by the CNH marketer from the hydrocarbons delivered to it
SERVICE CONTRACT
�
The contractor parties will deliver all production to the State , which shall pay the investor in cash an amount established by the terms of the contract
�
�
All hydrocarbons will be delivered to the State
No other fees or royalties will be included in service contracts
�
Cash payments to be provided in each contract
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