PAE Reached an Agreement with the “King of Fracking” to Operate Four Key Areas in Vaca Muerta
8 Articles
8 Articles
Continental Resources, the U.S. oil company led by Harold Hamm, acquired 20% of the operational share in strategic blocks of the Neucan basin
The operation had been announced in January and was formalized after obtaining authorizations from the provinces of Neuquén and Río Negro.Contemplate the acquisition by Continental of 20% of the participation of PAE in the areas Coirón Amargo Southeast, Bandurria Centro and Aguada Canepa.PAE will continue as majority partner and operator of all the blocks.
It is Continental Resources. It is the largest private producer of petr leo and natural gas in the world.
Pan American Energy and Continental Resources signed the definitive partnership agreement to accelerate the development of four blocks of shale oil in Vaca Muerta, in an operation that consolidates the interest of major international players in the potential of Argentine non-conventional formation.The operation, initially announced in January, was formalized after the provinces of Neuquén and Río Negro granted the necessary authorizations for th…
The American Continental Resources will share four blocks of shale oil with the Argentine oil company, after signing the final agreement to explore Neuquén and Río Negro. This completed a process that started earlier this year. Read more
Pan American Energy Group (PAE) closed the final agreement with Continental Resources to accelerate the development of four blocks of shale oil in Vaca Muerta.Marcos Bulgheroni, CEO of the Argentine group, and Dough Lawler, the highest executive of the United States, signed the agreement, which had been announced in January.The rubric came after obtaining approvals from the governments of Neuquén and Río Negro, where the deposits are located.Acc…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
