YPF and China's Sinopec sign memorandum to develop shale oil and gas in Patagonia

Thursday, January 29th 2015 - 07:38 UTC

Full article 10 comments

Argentine state-controlled energy company YPF said it signed a memorandum of understanding Wednesday with China's Sinopec pertaining to the eventual development of conventional and non-conventional oil and gas projects in Patagonia. Read full article

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Captain Poppy
All these MOU's and yet.........the dead cow remains frozen in time and barely a blemish. Awesome drilling in the past few years.
Jan 29th, 2015 - 11:02 am - Link - Report abuse 0
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Ramon
Isn't the La Ventana area in the Cuyo Basin of Mendoza, where there is no Vaca Muerta?
Jan 29th, 2015 - 12:10 pm - Link - Report abuse 0
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Pete Bog
Are these MOUs like the numerous accounts of support for the Malvinas myth that never translates to anything actually happening?

Argentina it seems, is run on photo opportunities.
Jan 29th, 2015 - 01:16 pm - Link - Report abuse 0
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yankeeboy
When all of the hoopla started about VM I told El Dego and Think and the rest of the Sistahs that nobody drills unprofitable wells. It was unprofitable then its is more unprofitable now.
They'll all be long dead before they see anything substantial come out of that Dead Cow.
Jan 29th, 2015 - 01:30 pm - Link - Report abuse 0
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Briton
Apparently,
in a few years time,
the British government and the Falkland government will never have to speak to Argentina ever again ??

As it well now seems to be a sure fact, that CHINA will own Argentina
as signed by the MOS Pact=memorandum of stupidity,,
as seen in the small print,
that Argentina never reads and thus one wonders why they are in so much debt,
Chinese whispers...lol
Jan 29th, 2015 - 01:43 pm - Link - Report abuse 0
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CaptainSilver
When we visit BA in future we'll not only enjoy great Asadas, but great egg foo yung too! Takeaway, no… .. Takeover.
Jan 29th, 2015 - 04:09 pm - Link - Report abuse 0
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chronic
The look on Mikey's face: Just priceless!

”Yeah, I'm signin' this but it's NEVER GOING TO HAPPEN!
Jan 29th, 2015 - 05:36 pm - Link - Report abuse 0
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Briton
Perhaps CFK thinks China will supply Argentina will hundreds of fighters , 20/30 ships, missiles , guns , tanks , bullets,

and a partridge on a china plate...lol
Jan 29th, 2015 - 08:44 pm - Link - Report abuse 0
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yankeeboy
http://data.cnbc.com/quotes/YPF

Going under U$9B market cap soon.

And they paid U$13B bahahahahaha

Stupid Rgs wasting money they don't have
and then borrowing it from China at high rates

Not a smart people
Jan 29th, 2015 - 10:23 pm - Link - Report abuse 0
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Usurping Pirate
China as always are playing the long game . All the trade agreements being signed are 'till 2060 .
The CFK govt. is handing over all national assets to China .
Soy production , hydro electric power , the oild reserves and the railways .
http://thefederalist-gary.blogspot.co.uk/2011/11/china-is-buying-up-argentina.html
Jan 30th, 2015 - 10:52 am - Link - Report abuse 0
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