MercoPress, en Español
Get our news on your inbox! Suscribe x
Montevideo, July 7th 2022 - 14:19 UTC
Petrobras Argentina, the local unit of Brazil's state-owned energy firm, said on Monday it had found new oil and natural gas resources in its Estancia Agua Fresca concession in the Patagonian province of Santa Cruz Read full article
Good news! Though the headline makes it sound like an industrial action story....
Get ready to be seized Petrobas. Finding oil and gas in Vaca Muerta didnt save YPF. She needs to money after all to pay the forign debt.
Potential an Proved Reserves are mighty different things and VERY rarely is potential more than proved. this 350MM is probably more like 100M M over 20 yrs. AND THIS IS NEWS?
And the present production rate for oil is a miserly 3,ooo BPD equivalent. Hardly worth the effort.
Please join this new fb page - Falkland Islands Desire The Right - dedicated to Falkland Islands current affairs, keeping the islands free and poking fun at the loonacy of the Argentine government and their various claims and their internet trolls - https://www.facebook.com/Britain1592
Commenting for this story is now closed.If you have a Facebook account, become a fan and comment on our Facebook Page!
Get our news on your inbox!