Terms of Reference
General issues

• Purchasing the technical package gives the right to the company to participate in the process.

                         For Type 1 areas: USD 20,000 V.A.T. included.
                         For Type 2 and 3 areas: USD 100,000 V.A.T. included.

• Participating companies will be qualified on legal, operational, technical, financial, environmental and social responsibility.

• Participating companies may participate as Qualified, Qualified Operator or Restricted Qualified Operator Companies.

• The Qualified Companies can present only an offer with at least one Qualified Operator Company, in Consortium or in Temporary Union. Qualified Operator Companies may also submit bids individually.

• Selected companies must comply with the obligatory Exploration Program including the Minimum Program set by the ANH plus the Additional Investments proposed by them.