UPDATE 3-Mexico OKs 5 shallow water areas in Round One oil tender second leg
February 27, 2015 at 20:44 PM EST
MEXICO CITY, Feb 27 (Reuters) - Mexico has approved draft auction terms for five shallow water areas containing around 355 million barrels of oil equivalent (boe) as part of its Round One tender opening up oil fields to foreign investors, the country's energy regulator said on Friday.