Unlike any previous blocks, it is to be operated by Sonangol, with technical assistance from Norway's Norsk Hydro.
Mrs Lo is the public face of China International Fund and China Sonangol.
The report singles out the state oil company Sonangol, with which multinational oil firms are obliged to work in partnership.
The signature bonus will be dictated by Sonangol, and is expected to be at least as much as those paid last year.
Together the men persuaded the Angolan elite to channel their fast-expanding oil exports to China through a new joint venture, called China Sonangol.
The International Monetary Fund says Sonangol spends billions off the books.
CNN: The billion-dollar question: Where is Angola's oil money?
Contracts, signed in 2005, gave the company the right to export Angolan oil and act as middleman between Sonangol and Sinopec, one of China's oil majors.
When asked about Sonangol's closed books and the flow of industry revenues, Martins was quick to suggest that the oil money is being used for Angola's rebuilding efforts.
CNN: The billion-dollar question: Where is Angola's oil money?
Angola's oil industry is dominated by Sonangol, the state-owned company that gives concessions to international oil companies and, over time, takes in the lion's share of the profits.
CNN: Oil-rich Angola bids to secure future with $5bn wealth fund
Manuel Vicente, a 56-year-old wheeler-dealer who for 12 years ran Sonangol, the state-owned oil giant until his appointment this year as economics minister, was named as the number two and likely heir.
Critics have also accused Sonangol -- which is both concession-granter and regulator of the industry -- of acting as a way to funnel part of the oil revenues to the political elite.
CNN: The billion-dollar question: Where is Angola's oil money?
Further complicating the monitoring of oil revenues from Sonangol, the company assumed some time ago complete control of foreign currency receipts from the oil sector, and stopped channelling them through the central bank as mandated by the law.
Many observers believe that Sonangol was already acting as a sovereign wealth fund by investing its profits in many areas outside of the oil industry -- including buying up key stakes in Portugal's biggest bank by assets, Millennium BCP.
CNN: Oil-rich Angola bids to secure future with $5bn wealth fund
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