1 Table of Contents
1 Table of Contents 2


2 Q3 Global Bid Round Outlook 7
2.1 Key Highlights 7
2.2 Overview of Global Bid Rounds Closing in Q3 2016 8
2.3 Recent Bid Round Developments 9
2.3.1 9 Jun 2016: Mexico To Start Next Oil And Gas Bidding Round By End Of June 2016 9
2.3.2 8 Jun 2016: The Government Of The Republic Of Croatia Approved Signing Of 6 Onshore Production Sharing Agreements 9
2.3.3 6 Jun 2016: Equatorial Guinea launches oil and gas licensing round 10
2.3.4 6 Jun 2016: India Begins Roadshow To Offer 67 Discovered Small Oil And Gas Fields 11
2.3.5 3 Jun 2016: Government Of Ireland: 2015 Atlantic Margin Oil And Gas Exploration Licensing Round - Phase 2 Awards 12
2.3.6 26 May 2016: Cyprus To Complete Third Offshore Natural Gas Licensing Round In Early 2017 12
2.3.7 18 May 2016: Norway Announces 23rd Licensing Round Awards 13
2.3.8 14 May 2016: Kenya To Conduct Licensing Round For 17 New Oil Exploration Blocks In 2017 14
2.3.9 6 Apr 2016: Danish 7th Round Licenses Awarded: Nordsofonden Will Invest About 200 Million DKK In Exploration Programs First Phase 15
2.3.10 4 Apr 2016: Shell Withdraws Application From Norway's Arctic-Focused Oil Licensing Round 16
2.4 Q3 Bid Round Overview - Cyprus 17
2.5 Recent Licensing and Exploration History - Cyprus 18
2.6 Q3 Bid Round Overview - US 20
2.7 Recent Licensing and Exploration History - US 21
2.8 Q3 Bid Round Overview - Egypt 28
2.9 Recent Licensing and Exploration History - Egypt 30
2.10 Q3 Bid Round Overview - Indonesia 35
2.11 Recent Licensing and Exploration History - Indonesia 37
2.12 Q3 Bid Round Overview - Norway 40
2.13 Recent Licensing and Exploration History - Norway 41
2.14 Q3 Bid Round Overview - New Zealand 50
2.15 Recent Licensing and Exploration History - New Zealand 51
2.16 Q3 Bid Round Overview - Congo Republic 57
2.17 Recent Licensing and Exploration History - Congo Republic 59
2.18 Upcoming Bid Rounds in Q4 2016 61
3 Appendix 62
3.1 Abbreviations 62
3.2 Methodology 62
3.2.1 Coverage 62
3.2.2 Secondary Research 62
3.3 Disclaimer 63

1.1 List of Tables
Table 1: Q3 Bid Round Overview 8
Table 2: Cyprus - 3rd Licensing Round Overview 17
Table 3: Cyprus - Recent Discovery Wells 19
Table 4: US - Lease Sale 248 Overview 20
Table 5: US - Recent Discovery Wells 23
Table 6: US - Recent Discovery Wells (Contd. 1) 24
Table 7: US - Recent Discovery Wells (Contd. 2) 25
Table 8: US - Recent Discovery Wells (Contd. 3) 26
Table 9: US - Recent Discovery Wells (Contd. 4) 27
Table 10: Egypt - Egyptian General Petroleum Corporation International Round 2016 Overview 28
Table 11: Egypt - Recent Discovery Wells 32
Table 12: Egypt - Recent Discovery Wells (Contd. 1) 33
Table 13: Egypt - Recent Discovery Wells (Contd. 2) 34
Table 14: Indonesia - 2016 Direct Proposal Tender Round Overview 35
Table 15: Indonesia - Recent Discovery Wells 39
Table 16: Norway - APA 2016 Overview 40
Table 17: Norway - Recent Discovery Wells 43
Table 18: Norway - Recent Discovery Wells (Contd. 1) 44
Table 19: Norway - Recent Discovery Wells (Contd. 2) 45
Table 20: Norway - Recent Discovery Wells (Contd. 3) 46
Table 21: Norway - Recent Discovery Wells (Contd. 4) 47
Table 22: Norway - Recent Discovery Wells (Contd. 5) 48
Table 23: Norway - Recent Discovery Wells (Contd. 6) 49
Table 24: New Zealand - 2016 Block Offer Overview 50
Table 25: New Zealand - Recent Discovery Wells 53
Table 26: New Zealand - Recent Discovery Wells (Contd. 1) 54
Table 27: New Zealand - Recent Discovery Wells (Contd. 2) 55
Table 28: New Zealand - Recent Discovery Wells (Contd. 3) 56
Table 29: Congo Republic - License Round 2016 Overview 57
Table 30: Congo Republic, Recent Discovery Wells 60
Table 31: Upcoming Bid Rounds in Q4 2016 61

1.2 List of Figures
Figure 1: Blocks on Offer by Bid Round and Terrain 8
Figure 2: Cyprus - State Take Comparison - Regional Peers 17
Figure 3: Cyprus - Recent Bid Round Results 18
Figure 4: Cyprus - Blocks Held by Company 19
Figure 5: US - State Take Comparison - Regional Peers 20
Figure 6: US - Recent Bid Round Results 21
Figure 7: US - Blocks Held by Company 22
Figure 8: Egypt - State Take Comparison - Regional Peers 29
Figure 9: Egypt - Recent Bid Round Results 30
Figure 10: Egypt - Blocks Held by Company 31
Figure 11: Indonesia - State Take Comparison - Regional Peers 36
Figure 12: Indonesia - Recent Bid Round Results 37
Figure 13: Indonesia - Blocks Held by Company 38
Figure 14: Norway - State Take Comparison - Regional Peers 40
Figure 15: Norway - Recent Bid Round Results 41
Figure 16: Norway - Blocks Held by Company 42
Figure 17: New Zealand - State Take Comparison - Regional Peers 50
Figure 18: New Zealand - Recent Bid Round Results 51
Figure 19: New Zealand - Blocks Held by Company 52
Figure 20: Congo Republic - State Take Comparison - Regional Peers 58
Figure 21: Congo Republic - Blocks Held by Company 59