LatinNews Daily - 27 February 2023

In brief: Vista announces investment in Argentina’s Vaca Muerte

* The Mexico-headquartered firm Vista Oil & Gas has announced that this year it will invest US$600m in Argentina’s Vaca Muerte shale oil and gas fields in Patagonia, where it holds various concessions via its subsidiary Vista Argentina. Vista also recently announced that it had reached an agreement with local firm Aconcagua for a total of US$400m whereby the latter would acquire its conventional hydrocarbons assets in Neuquén and Río Negro provinces to enable Vista to focus exclusively on the development of its shale oil operations.

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