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BHP Billiton, Woodside Petroleum line up for Mexican drilling permits

2015-07-14 13:32:48| Oil & Gas - Topix.net

In all, 3.9 billion barrels of oil equivalent of known reserves are on offer in Mexico's first round of auctions. BHP Billiton has pre-qualified to bid in Mexico's first auction of offshore exploration drilling permits, but the signs are that the mining major may save its firepower for the prized deepwater blocks that are only expected to come up for tender in early 2016.

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