•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    YPF and Petronas to develop Vaca Muerta shale oil in Argentina

    Argentina's state-controlled energy company YPF has reached a deal worth $550 million with Malaysia's state oil firm Petronas to develop shale oil in Argentina’s Vaca Muerta shale formation, which is considered to be one of the world’s largest, according to a Reuters report.

    Reuters noted that Petronas would contribute $475 million to the initial investment in oil exploration in the southern Argentine province of Neuquén. During the pilot stage, more than 30 wells are planned to be drilled.

    Did You Like This Article?

    Get a free subscription to Oil & Gas Financial Journal.

    Related Articles

    Juneau Energy gains acreage in East Texas Eagle Ford shale

    09/19/2014 Juneau Energy LLC, a subsidiary of Leucadia National Corp., reports the acquisition of oil and gas leases in the emerging East Texas Eagle Ford shale play, consisting of approximately 10,264 net ac...

    ExxonMobil increases Wolfcamp position in Permian Basin

    09/19/2014 Exxon Mobil Corp. has entered into a non-monetary exchange agreement with LINN Energy LLC to add 17,800 net acres in the Permian Basin to its US oil and natural gas portfolio managed by subsidiary ...

    Basic acquires Pioneer Fishing and Rental

    09/19/2014 Basic Energy Services Inc. has completed the acquisition of substantially all of the assets of Pioneer Fishing and Rental (PFR), a division of Pioneer Energy Services, for a total cash consideratio...

    Buckeye Partners closes acquisition of 80% interest in Buckeye Texas Partners

    09/18/2014

    Buckeye Partners LP has completed its $860 million purchase of an 80% interest in Buckeye Texas Partners LLC.

    CONE Midstream Partners launches IPO

    09/18/2014 CONE Midstream Partners LP, a Delaware limited partnership formed by CONSOL Energy Inc. and Noble Energy Inc., has launched its initial public offering of 17,500,000 common units representing limit...

    More Oil & Gas Financial Articles

    Juneau Energy gains acreage in East Texas Eagle Ford shale

    Fri, Sep 19, 2014

    Juneau Energy LLC, a subsidiary of Leucadia National Corp., reports the acquisition of oil and gas leases in the emerging East Texas Eagle Ford shale play, consisting of approximately 10,264 net acres primarily in Brazos and Burleson counties. The acquisition closed on Sept. 17.

    ExxonMobil increases Wolfcamp position in Permian Basin

    Fri, Sep 19, 2014

    Exxon Mobil Corp. has entered into a non-monetary exchange agreement with LINN Energy LLC to add 17,800 net acres in the Permian Basin to its US oil and natural gas portfolio managed by subsidiary XTO Energy Inc.

    Basic acquires Pioneer Fishing and Rental

    Fri, Sep 19, 2014

    Basic Energy Services Inc. has completed the acquisition of substantially all of the assets of Pioneer Fishing and Rental (PFR), a division of Pioneer Energy Services, for a total cash consideration of $16 million.

    Buckeye Partners closes acquisition of 80% interest in Buckeye Texas Partners

    Thu, Sep 18, 2014

    Buckeye Partners LP has completed its $860 million purchase of an 80% interest in Buckeye Texas Partners LLC.

    CONE Midstream Partners launches IPO

    Thu, Sep 18, 2014

    CONE Midstream Partners LP, a Delaware limited partnership formed by CONSOL Energy Inc. and Noble Energy Inc., has launched its initial public offering of 17,500,000 common units representing limited partner interests. 

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ