ExxonMobil Plans $200 Million Investment In Vaca Muerta

摘要

U.S. oil major ExxonMobil Corp. (NYSE: XOM) plans to invest $200 million to boost natural gas output in Argentina’s Vaca Muerta shale play, a spokeswoman told Reuters on Sept. 1. The company has asked the govern- ment of Neuquen province for a 35-year unconventional production concession in the Los Toldos I Sur Block, the spokes- woman said. CEO Darren Woods in- formed President Mauricio Macri of the plans during an Aug. 31 meeting at the presidential Pink House.