Argentina’s state owned energy company YPF, alongside foreign partners Total, BP unit Pan American Energy and Wintershall, are to jointly invest USD 1.15 billion in three shale blocks located in the country’s highly prospective Vaca Muerta basin.
The capital will be split and ploughed into the Aguada area, which was recently divided into three separate blocks by the provincial government in Neuquén, where the Vaca Muerta play is located.
Total is to operate the ...
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