ADVFN - Advanced Financial Network.
HOME» NYSE » E » ENP Stock Price » ENP Stock News

Encore Energy Ptn Share News

 Encore Energy Ptn Stock Price
ENP Stock Price
 Encore Energy Ptn Stock Chart
ENP Stock Chart
 Encore Energy Ptn Stock News
ENP Stock News
 Encore Energy Ptn Company Information
ENP Company Information
 Encore Energy Ptn Stock Trades
ENP Stock Trades

Chile's ENAP Recovers Revoked Argentine Concession

SANTIAGO -(Dow Jones)- Chile's state-owned oil and gas company Empresa Nacional del Petroleo SA, or ENAP, recovered the Southern Argentine concession revoked in March by Chubut province, ENAP said in a statement Friday. ENAP lost the Campamento Central-Canadon Perdido oil field because the field's operator and ENAP's partner in Argentina, the then-privately held oil company YPF SA (YPF, YPFD.BA), was at odds with the Argentine government, which argued the field lacked investment. The dispute between Argentina's government and YPF ended with President Cristina Kirchner decreeing the expropriation of YPF from Spain's oil company Repsol YPF SA (REPYY, REP.MC). ENAP's international unit, Sipetrol Argentina SA, holds 50% of the Campamento Central-Canadon Perdido oil field, with YPF holding the remainder. The field produces 5,000 barrels a day, and ENAP invested $47 million in it as of Sept. 30, 2011. ENAP Sipetrol Argentina holds another three Southern Argentina concessions, which it is currently exploring. -By Graciela Ibanez, Dow Jones Newswires; 56-2-715-8929; [email protected]

Stock News for Encore Energy Ptn (ENP)
No Recent News Available

Encore Energy Ptn and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations