YPF, Chevron may team up for shale oil exploration in Argentina
Publicado em: 24/08/2012 17:19:00
Argentina’s state-owned oil company YPF said today it could team up with U.S. giant Chevron to develop unconventional oil resources. In a statement, YPF said Ali Moshiri, Chevron’s president for Latin America and Africa, signaled his interest in developing a bunch of shale oil wells with YPF in the Vaca Muerta formation which is thought to hold significant unconventional resources.
The U.S. company plans to drill three exploratory wells in Vaca Muerta this year while YPF expects to begin its activities in the formation in 2013.