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The Dominican Republic opens for petroleum exploration

In partnership with the energy research and consultancy firm Wood Mackenzie, the Ministry of Energy and Mines of the Dominican Republic announced that a first petroleum exploration-licensing round will be held at the Hyatt Regency in the Galleria Area in Houston, Texas on 10 July 2019. The round closes in December 2019. The sites are onshore and offshore and a combination of both. The blocks on offer are located in the Cibao Basin, Enriquillo Basin, Azua Basin and San Pedro Basin.

During the presentations, investors will be able to review and discuss the exploration opportunities, the contractual and fiscal terms and the legal framework for upstream petroleum activities in the country. There will also be opportunities to meet privately with the Ministry over the following two days.

Extensive documentation, including seismic data for several basins, is part of the blocks on offer. All information is already public, and is available at www.bndh.gob.do/en/

To attend the roadshow, schedule a meeting with the Ministry, or for any other information, contact Tracey Dancy at roundsDR@woodmac.com

26 June 2019