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Montevideo, December 4th 2022 - 07:43 UTC
Argentina’s oil and gas YPF and Dow Chemical Co. Argentine unit signed a final accord to invest 188 million dollars to jointly develop shale gas at the country’s Vaca Muerta formation, in the Patagonian province of Neuquen. Read full article
USD 188 M for 16 shale gas wells? What happened to USD 1.5 Bn per well?
Is somebody telling porkies, well it is YPF and TMBOA wants this paltry some for new leggings looking at her recent pictures.
I bet Chevron, SAID it would invest USD 1.24 billion in Vaca Muerta, but hang on: just how MUCH money has changed hands so far?
You don’t think, do you, that Chevron have TMBOA over a barrel and are just waiting to insert the drill bit where “the sun don’t shine”, do you?
Ha, ha, ha.
My guess is that YPF is going to be found to be an arm of the Arg gov't and their assets outside of Argentina will be at risk of seizure.
We should know pretty soon
and I will laugh and laugh
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