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Argentina’s GyP seeks spot on Toronto exchange

The company is seeking funds to develop shale resources in the Argentine province of Neuquén

Gas y Petroleo (GyP), which is owned by the Argentine province of Neuquén, home to the multi-billion barrel Vaca Muerta shale formation, is eyeing a public listing on the Toronto stock exchange as early as March 2013 as the company seeks funds to develop the provinces shale resources. The initial public offering is aimed at “opening the door to international capital”, Guillermo Coco, the energy minister for Neuquén province told the Latin Oil and Gas conference in Miami. “We want to transform GyP into a publicly-owned company that operates to international standards,” Coco said. Many details of the listing remain to be worked out, but it will follow the private-public model seen by state-

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