YPF, Petronas finalise shale deal

摘要

Argentina’s state-controlled YPF and Malaysia’s state-owned Petronas have finalised a $550mn shale oil deal. The firms will drill at least 35 wells under the 50:50 joint venture. Petronas will invest $475mn in drilling vertical and horizontal wells at the 187km~2 La Amarga Chica block from March.