PEMEX awards contract to GSM-BRONCO, S.A. DE C.V. for drilling and completion of development wells

Wednesday, September 8, 2021

Grupo Carso, S.A.B. de C.V. (GCARSO) informs the investing public that as a result of the offer presented last August 22nd by its subsidiary GSM-Bronco, S.A. de C.V. for "Turnkey work to drill and complete development wells for PEP's onshore fields", on September 7th, Petróleos Mexicanos (PEMEX) informed that the result was favorable to us, for a minimum amount of USD $196,050,000 (one hundred and ninety-six million and fifty thousand dollars 00/100). Works to be developed between September 2021 and December 2023. The start of the works is subject to the signing of the respective contract.

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