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0.000442673749446806 -0.000387339530765709 0.000996015936255018 -0.00121735281097822 -0.00204736609119074 0.000442673749446806 -0.00149402390438233 -0.00287737937140325
Stock impact report

Exxon to Weigh $1 Billion Sale of Argentina Shale Assets [BNN Bloomberg (Canada)]

YPF Sociedad Anonima (YPF) 
Last ypf sociedad anonima earnings: 3/9 04:01 pm Check Earnings Report
US:NYSE Investor Relations: ypf.com/enu/inversoresaccionistas
Company Research Source: BNN Bloomberg
Exxon received several offers for holdings in Argentina's heralded Vaca Muerta formation in Patagonia earlier this month, according to people familiar with the matter. The assets, which comprise stakes it owns with QatarEnergy in seven oil-and-gas blocks in the shale patch as well as holdings in a pipeline, have been valued at around $1 billion, said the people, who declined to comment publicly on private talks. Exxon's push to sell the assets is unfolding even as drillers welcome a more hands-off approach by Argentina's new President Javier Milei toward the oil-and-gas industry than the previous government. An Exxon spokesperson declined to comment. Read More: Argentina Shale Driller Vista Eyes Exxon Assets in Growth Push Exxon put all of its shale assets in Argentina under review last year in a move seen as a blow to the Argentine government's hopes of fully tapping the riches of Vaca Muerta — Spanish for Dead Cow. The region's geology rivals US basins like the Permian, but Show less Read more
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