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MercoPress, en Español

Montevideo, April 19th 2024 - 08:06 UTC

Tag: YPF exploration

  • Friday, August 7th 2015 - 06:53 UTC

    YPF profits up, but no new joint-ventures in sight to develop Patagonia shale

    YPF earnings have been cushioned from the collapse of international oil prices by a government-controlled price for domestic production: $78 dollars a barrel

    Argentina's state-managed energy firm YPF posted a second quarter net income of 2.297 billion pesos ($252.8 million) on Wednesday, a 50.5% increase on the same period last year. YPF earnings have been cushioned from the collapse of international oil prices by a government-controlled price for oil produced in the country, which sits at about $78 dollars per barrel.

  • Friday, August 24th 2012 - 06:14 UTC

    YPF announces massive exploration program and calls on private investors

    Galuccio: “Believe me gentlemen that we can grow and make money together”

    Argentina’s nationalized oil and gas corporation YPF announced it has plans to drill 250 wells in the next five years to further advance the country’s “hydrocarbons frontier”. During a presentation at a posh hotel in Buenos Aires under the heading of “Argentine Exploration Plan”, YPF CEO Miguel Galuccio called on investors to trust him and support the plan.