PAE to Invest $1.2 Billion in Argentina Oil Field, Minister Says
13 Articles
13 Articles
PAE submitted the application for membership to develop a tertiary recovery project in the main conventional field of the country; they plan to add 46 million barrels, extend the useful life of the area and generate new exports
The oil company of the Bulgheroni family presented the government with a request to protect its investments in Cerro Dragon.It was announced at Argentina Week in Paris, France.
Pan American Energy (PAE) submitted the application for membership of the Big Investment Incentive Regime (RIGI) for a new development of the Cerro Dragon area in Chubut province, based on the implementation of tertiary recovery techniques. The project will allow to incorporate an incremental production of 46 million barrels of oil, with [...]
PAE formalized a $1.2 billion investment in Cerro Dragon under the RIGI to add 46 million barrels of crude oil to Chubut. The PAE entry will invest $1.2 billion in Cerro Dragon was first published in OPI Santa Cruz.
Pan American Energy (PAE) submitted its application for membership of the Big Investment Incentive Regime (RIGI) for a project that is around 1.2 billion dollars. This investment will be aimed at increasing the recovery of conventional oil in Cerro Dragon, one of the main mature deposits of the historic San Jorge Gulf Basin....
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