Related Articles
Forward article link
Share PDF with colleagues

Americas Petrogas find extends Vaca Muerta potential

Argentine focused explorer has discovered a light find at the Totoral Block

Americas Petrogas, an Argentine-focused independent explorer, has opened up a previously unproven section in the south-west of the multi-billion barrel Vaca Muerta shale play with a light oil discovery at the Totoral Block. “This new exploration discovery is very exciting for Americas Petrogas as it adds significant exploration upside to a very large area where the Vaca Muerta formation could be produced at relatively shallow depths,” the company’s chief executive Barclay Hambrook said in a statement. The LHo.x-1 well, which was drilled in the less-explored Picun Leufu sub-basin area of the shale play, was drilled in mid-2012. The well encountered a 666-foot oil-rich section of the Vaca Mue

Also in this section
Macri's reforms burned in gas-tariff fight
14 October 2016
A retreat on subsidy cuts casts doubts on the Argentine president’s broader energy agenda
Insecurity and conflict still hampering South Sudan’s oil
12 October 2016
The country wants to push production up to pre-war levels, but chances are slim
Iraq cobbles together an oil deal
12 October 2016
Erbil and Baghdad have struck an agreement on exports through Turkey, though many of the old problems could still ruin it