Wednesday, 17 April 2013

Argentina Oil and Gas Report Q2 2013

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Argentina Oil and Gas Report Q2 2013
Apr 17th 2013, 00:00

BMI View: Argentina''s technically recoverable shale resources are the third largest in the world, behindonly China and the US. Yet the Argentina''s business environment has turned increasingly negative in recentyears, and this has only been further exacerbated by the expropriation of YPF from Repsol in early2012. There appears, however, to be a small but growing cadre of international and national oil companiesseeking to gain first-mover advantage by tapping potentially game-changing shale resources in the VacaMuerta formation - despite Argentina''s risky business environment. If the country is able to make thenecessary investments, its shale potential could provide ...

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