The Argentine state-run oil company YPF launches an international road show to attract interested parties. They hope to raise close to US$800 million to concentrate on Vaca Muerta.
The operation was carried out by Banco Santander, and there is talk in the market that the company could raise up to 800 million dollars. According to sector sources, the conventional areas were grouped into different "clusters" that include the provinces of Mendoza, Neuquén, Ro Negro, Chubut, and Tierra del Fuego. The company's vice president of Strategy, New Business, and Management Control of YPF, Maximiliano Westen, will travel to the U.S. and Canada this week to meet with businessmen in the sector. He will also speak at the Canadian Global Energy Forum (CGEF) in Calgary, Canada on Thursday.