(Oil Price) – Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday as it continues to high-grade its international portfolio. The deal includes Equinor’s 30% non-operated interest in the Bandurria Sur asset and its 50% non-operated interest in the Bajo del Toro
(World Oil)– Vista Energy SAB, one of Argentina’s top oil producers, is looking to acquire new assets in the booming Vaca Muerta shale patch and may fund a purchase by selling equity. Vista has called a shareholder meeting for Jan. 27 where it will propose carrying out one or more acquisitions, according to a regulatory filing. The meeting is not
(World Oil) – Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 billion USD. The purchase price is comprised of US$ 900 million in cash, US$ 300 million in deferred cash payments and 7,297,507 American Depositary Shares. LACh spans across 46,594 acres in the black oil window of
