1 July 2024
Argentina consortium plans USD 500 million shale investment
Publication date: 03 April 2017
Gas Strategies Group
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The international consortium that shares Argentina's Aguada Pichana concession, located in the Vaca Muerta shale formation, is seeking permission to divide it into two separate licences, according to a regulatory filing by state oil company YPF last week.
The consortium of operator Total, YPF, Wintershall (27.3% respectively) and Pan American Energy (18%) signed the MoU to split Aguada Pichana into Aguada Pichana Este (APE) and Aguada Pichana Oeste (APO), with plans to invest a total of USD 500 million.