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Brazil & Southern Cone - July 2013 (ISSN 1741-4431)

Argentina and Chevron finally ink Vaca Muerta deal

On 16 July Yacimientos Petrolíferos Fiscales (YPF), Argentina’s re-nationalised oil company, signed a US$1.24bn agreement with the US oil major Chevron to develop the Vaca Muerta deposit, one of the largest shale oil and gas reserves in the western hemisphere.

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