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Vaca Muerta attracts more bids

Vaca Muerta attracts more bids

March 31, 2023 | Charles Newbery
Argentine shale deposit is driving investment growth and financing deals

Bonds Debt Fixed Income Loans International Financial Institutions Capital Markets Energy Gas Oil Pipelines LNG Argentina United States

Gas y Petróleo del Neuquén (GyP), a state-owned energy company in Argentina, said Thursday it received bids from two groups to explore two different blocks in Vaca Muerta, a huge shale deposit in northern Patagonia that is leading investment growth — and financing deals in the local market. Pampa Energía, one of the country's biggest energy companies, bid for the Las Tacanas Norte block in the natural gas window of Vaca Muerta, GyP said in a press release. The other bid came from a partnership o

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