Reported 2 days ago
Vista Energy has successfully acquired 100% of Petronas E&P Argentina, enhancing its operations in Vaca Muerta, Argentina. The deal, valued at $900M in cash and additional deferred payments, gives Vista a 50% working interest in the La Amarga Chica concession, which spans 46,594 acres and contains significant oil reserves. This acquisition is expected to bolster Vista's position in the market and facilitate long-term growth.
Source: YAHOO