Northcote is pleased to provide an update on the progress it has made in Mexico with regards to the due diligence it has been undertaking in contemplation of participating in Phase III of Round 1 of the National Hydrocarbons Commission's tender process and the ongoing efforts made by the Company to secure onshore conventional concessions during this period of re-opening and privatising the Mexican energy sector.

Having announced on 4 September 2015 the decision to enter the CNH data room with the intention of participating in Phase III of Round 1, Northcote confirms that following its initial evaluation of the available fields, the Company has now submitted its pre-qualification filing for approval by the CNH.

Tags: Northcote Energy