YPF announces the discovery of 'tight gas' in Mendoza

Monday, June 2nd 2014 - 07:42 UTC

Full article 8 comments

Argentina state oil producer YPF announced on Sunday it had made a discovery of 'tight gas' in the western Argentine province of Mendoza. The find by the Paso de las Bardas Norte xp-37 exploration well has a potential 25 million barrels equivalent of recoverable resources, the company said in a statement. Read full article

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golfcronie
Whoop de Doo, that is equivilant to 10% of oil already found in the FALKLANDS. Well done YPF. LMAO
Jun 02nd, 2014 - 08:39 am - Link - Report abuse 0
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ChrisR
Why all the crowing about such a small find?

Are they desperate? OH YES!

Still no increase from the low output when the Wunderkid took charge.

Having no money from TMBOA doesn't help though, oh, and the fact nobody wants to invest for fear they will have everything robbed off them by the “government”.

Ha, ha, ha.
Jun 02nd, 2014 - 12:56 pm - Link - Report abuse 0
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tRoll_with_the_Punches
And that was just after searching my backyard!
Jun 02nd, 2014 - 03:07 pm - Link - Report abuse 0
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golfcronie
@3
Sorry you misspelt “backyard” should be backside, you are so full of shit.
Jun 02nd, 2014 - 03:52 pm - Link - Report abuse 0
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Clyde15
Tight gas ? I usually find that bicarbonate of soda can relieve that.
Jun 02nd, 2014 - 03:58 pm - Link - Report abuse 0
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Troy Tempest
It might help them through the winter, only if they can produce it immediately, as they say they can.
Jun 02nd, 2014 - 04:15 pm - Link - Report abuse 0
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yankeeboy
One of the reasons nobody will invest in Argentina is their arbitrary regard for laws.
One set of rules if you are pro govt and another for anti govt
Jun 02nd, 2014 - 05:30 pm - Link - Report abuse 0
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BOTINHO
Miniscule, if at that.

Such announcements made here in South America are usually made for the local citizens, announced with a band and balloons, and a short, televised speech lasting 6 hours. Hugs all around from the smiling, portly “ Gordão ” wearing the sash, before the departing motorcade fleeing away quickly in a cloud of dust.

Occasionally people cry over the “ great Sovereign discovery of ours, ” followed by more development money being allotted and stolen, and then as they say “ there came nothing. ”

Clyde, your suggestion is exactly what I was thinking.
Jun 03rd, 2014 - 11:01 pm - Link - Report abuse 0
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