Pemex, Talos, Premier Oil, and Sierra Oil and Gas Sign PUA for Zama
Pemex, with the Block 7 Consortium - Talos Energy (ticker: TALO), Premier Oil (ticker: PMO), and Sierra Oil and Gas - have just signed a Pre-Unitization Agreement (PUA) for two offshore areas in Mexico’s Southeast Basin: the Amoca-Yaxche-03 allocation and the Block 7 contiguous production sharing contract.

The PUA is potentially laying the groundwork for a more permanent agreement between Pemex and its Block 7 partners in the Southeast Basin.

This is the first Pre-Unitiz...

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