Exhibit 10.3 (1 of 2)
PRESIDENT - ROBERT C. BARG
VICE PRESIDENTS ALLEN E. EVANS, JR. RANDOLPH K. GREEN JOHN G. HATTNER C. H. (SCOTT) REES III DANNY S. SIMMONS DAN PAUL SMITH THOMAS M. SOUERS |
April 23, 2015
Mtro. Emilio R. Lozoya Austin
Director General
Petróleos Mexicanos
Avenida Marina Nacional No. 329
Torre Ejecutiva Piso 44
11311 México D.F.
México
Dear Mtro. Lozoya Austin:
We hereby consent to all references to our firm as set forth in the Annual Report on Form 20-F of Petróleos Mexicanos (“Pemex”) for the year ending December 31, 2014 (the “Form 20-F”), under the heading “Exploration and Production (Reserves)”, and to the filing of our audit letter dated April 7, 2015, as an exhibit to the Form 20-F. We have audited the estimates of Pemex’s proved oil, condensate, natural gas, and oil equivalent reserves, as of January 1, 2015, for 29 fields located offshore Mexico in the Northeastern Marine Region. These estimates were prepared by Pemex-Exploración y Producción in accordance with the reserves definitions of Regulation S-X Rule 4-10(a) of the U.S. Securities and Exchange Commission.
Sincerely,
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NETHERLAND, SEWELL INTERNATIONAL, S. DE R.L. DE C.V.
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By: |
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Robert C. Barg, P.E. | ||
President |
TMS: ART
2100 ROSS AVENUE, SUITE 2200 • DALLAS, TEXAS 75201-2737 • PH: 214-969-5401 • FAX: 214-969-5411
| Exhibit 10.3 (2 of 2)
PRESIDENT - ROBERT C. BARG
VICE PRESIDENTS ALLEN E. EVANS, JR. RANDOLPH K. GREEN JOHN G. HATTNER C. H. (SCOTT) REES III DANNY S. SIMMONS DAN PAUL SMITH THOMAS M. SOUERS |
April 23, 2015
Mtro. Emilio R. Lozoya Austin
Director General
Petróleos Mexicanos
Avenida Marina Nacional No. 329
Torre Ejecutiva Piso 44
11311 México D.F.
México
Dear Mtro. Lozoya Austin:
We hereby consent to all references to our firm as set forth in the Annual Report on Form 20-F of Petróleos Mexicanos (“Pemex”) for the year ending December 31, 2014 (the “Form 20-F”), under the heading “Exploration and Production (Reserves)”, and to the filing of our audit letter dated April 2, 2015, as an exhibit to the Form 20-F. We have audited the estimates of Pemex’s proved oil, condensate, natural gas, and oil equivalent reserves, as of January 1, 2015, for 110 fields located onshore Mexico in the Southern Region. These estimates were prepared by Pemex-Exploración y Producción in accordance with the reserves definitions of Regulation S-X Rule 4-10(a) of the U.S. Securities and Exchange Commission.
Sincerely
| ||
NETHERLAND, SEWELL INTERNATIONAL, S. DE R.L. DE C.V.
| ||
By: |
| |
Robert C. Barg, P.E. | ||
President |
TMS: ART
2100 ROSS AVENUE, SUITE 2200 • DALLAS, TEXAS 75201-2737 • PH: 214-969-5401 • FAX: 214-969-5411