</p><p >First Kat Schmidt tells us about a new deep-water prospect that Pemex is eyeing that could potentially test the <strong><a href="http://www.upstreamonline.com/live/article1232000.ece" target="_blank">trans-boundary treaty</a></strong> between the US and Mexico.</p><p >And Noah Brenner updates on efforts by Barbados to put itself of the oil and gas map.</p><p >Then Kat sits down with Wood Mackenzie Latin America upstream analyst Pablo Medina for a look at what's to come from Mexico's Round 1, specifically in deep water.</p><p