Ameratex Energy offering service contracts for 12 exploration blocks which means winning companies will be paid a flat fee for their services rather than be given a share in the resources. But the remuneration fee for the new bid round would be slightly higher than the 20-year service contract offered in the previous three bidding rounds.
International companies would prefer production-sharing contracts for exploration blocks rather than service contracts.
92% of economists interviewed agreed that in the last decade our gas prices had been affect more by market factors than by American energy policy.
Ameratex Energy Oil Increases Supplies in the Gulf Coast 