YPFD YPF S.A.

[Coloso2]

cuando arranca ARABIA SAUDITA ?

[el_intrepido]

Vaca Muerta Is A Goldmine For YPF

http://seekingalpha.com/article/2519975 ... ne-for-ypf

YPF and Petronas have signed a deal worth $550 million to develop Vaca Muerta’s shale oil reserves.
The company is mulling an investment of over $1 billion to continue the project, depending on the results yielded in the pilot stage.
Petronas is going to finance the project. It would also provide YPF the technical resources needed to develop unconventional energy.

An agreement worth $550 million has been signed by YPF and Petronas to develop shale oil reserves in Vaca Muerta. Petronas would be contributing around $457 million towards the project at the La Amarga Chica oil fields. It will be divided into three phases involving the drilling of over 30 wells by Q1 of 2015.

The firm has decided on an investment of over $1 billion to continue the project, which is dependent on results yielded in the pilot stage.

Before putting pen to paper with Petronas, YPF signed a deal with Chevron worth $1.5 billion to develop a Loma Campana field - the second largest producer of unconventional oil outside of North America. It has around 245 wells with production exceeding 25,000 barrels per day. Chevron initially invested merely $1.2 billion in the project but in the next 15 years, the total investment could be worth $16 billion for both companies.

Importance for YPF
Not only would Petronas be providing cash for the project but it would also give YPF the needed technical resources to develop the unconventional energy source. Petronas is set to provide these resources through the Canadian company, Progress Energy Resources Corp. that it acquired in 2012 for $5.2 billion.

The move is in line with YPF's stratagem, and would build on the results from Loma Campana. Petronas being a world class company, would help YPF develop its massive shale and gas resources. With both firms planning on pursuing offshore developments in the short and long-term future, by exploring other Latin American fields, this is a massive opportunity for YPF.

The Argentinean Debt Crisis
Recent news revolving around Argentina's debt crisis has made it difficult for companies, including YPF, to obtain finance from the global financial markets. This could lead to devaluation in Argentina's currency and could exert pressure of YPF to raise the prices of gasoline. With an annual inflation rate pegged at 40% by economists, this could be an extremely unpopular move amongst consumers.

Solo voy a traducir el titulo de la nota de hoy:
Vaca Muerta es una mina de oro para YPF

[cocodrilo_12]

YPF que no ni no....

[el_intrepido]

[jesus330]

Tomó purga

[eric1939]

Vamos que recuperamos!
Vamos YPF.

[Nachitoss]

REcortando!! vamos nena!!

[el_intrepido]

Me llevo todo lo que baje

[canicasar]

El ADR esta para arriba, deberia cambiar aca

Y en alguno de los dos mercados tenia que cambiar, la cagad@ es que cambio aca.

[LucasDobro]

Gracias coloso por lo menos me quitaste una sonrisa

[Coloso2]

ARABIA SAUDITA anda floja !!!!!!

[comando]

Parece que le metieron agua acá!

[jmesteban]

El ADR esta para arriba, deberia cambiar aca

[jesus330]

Que te pasa gaucha, se acabó la gasolina.

[guille66]

Si el ADR pasa los 38-35,5 esto va a estar divertido