Exhibit 10.5
(Part 1 of 2)
DEGOLYERAND MACNAUGHTON
5001 SPRING VALLEY ROAD
SUITE 800 EAST
DALLAS, TEXAS 75244
April 26, 2018
Ing. Carlos Alberto Treviño Medina
Director General
Petróleos Mexicanos
Avenida Marina Nacional No. 329
Torre Ejecutiva, Piso 44
Colonia Verónica Anzures
11300 Ciudad de México, México
Dear Ing. Treviño Medina:
We hereby consent to the references to DeGolyer and MacNaughton as set forth under the headings “Presentation of Information Concerning Reserves,” “Item 4. Information on the Company – Business Overview – Exploration and Production – Reserves,” and “Item 19. Exhibits. Documents filed as exhibits to this Form20-F” in the Annual Report on Form20-F of Petróleos Mexicanos (PEMEX) for the year ended December 31, 2017 (the Form20-F), and to the filing as Exhibit 10.6 to the Form20-F of our report of third party dated April 20, 2018, describing our independent reserves evaluation of the estimated proved oil, marketable gas, sales gas, condensate, natural gas liquids (NGL), and oil equivalent reserves that PEMEX has represented are owned by the United Mexican States (México) as of January 1, 2018, for certain fields located in the Burgos area of México, which include reserves that PEMEX has represented that it has the right to extract and sell. These estimates were prepared ‘in accordance with the reseres definitions of Rules4-10(a) (1)-(32) of Regulations-x of the United States Securities and Exchange Commission.
Very truly yours, |
DeGOLYER and MacNAUGHTON |
Texas Registered Engineering FirmF-716 |
Exhibit 10.5
(Part 2 of 2)
DEGOLYERAND MACNAUGHTON
5001 SPRING VALLEY ROAD
SUITE 800 EAST
DALLAS, TEXAS 75244
April 26, 2018
Ing. Carlos Alberto Treviño Medina
Director General
Petróleos Mexicanos
Avenida Marina Nacional No. 329
Torre Ejecutiva, Piso 44
Colonia Verónica Anzures
11300 Ciudad de México, México
Dear Ing. Treviño Medina:
We hereby consent to the references to DeGolyer and MacNaughton as set forth under the headings “Presentation of Information Concerning Reserves,” “Item 4. Information on the Company – Business Overview – Exploration and Production – Reserves,” and “Item 19. Exhibits. Documents filed as exhibits to this Form20-F” in the Annual Report on Form20-F of Petróleos Mexicanos (PEMEX) for the year ended December 31, 2017 (the Form20-F), and to the filing as Exhibit 10.6 to the Form20-F of our report of third party dated April 20, 2018, describing our independent reserves evaluation of the estimated proved oil, marketable gas, sales gas, condensate, natural gas liquids (NGL), and oil equivalent reserves that PEMEX has represented are owned by the United Mexican States (México) as of January 1, 2018, for certain fields located in the Veracruz area of México, which include reserves that PEMEX has represented that it has the right to extract and sell. These estimates were prepared in accordance with the reserves definitions of Rules4-10(a) (l)-(32) of RegulationS-X of the United States Securities and Exchange Commission.
Very truly yours, |
DeGOLYER and MacNAUGHTON |
Texas Registered Engineering FirmF-716 |