YPF: Near Deals with Bridas, Chevron to Develop Unconventional Energy
December 07 2012 - 09:06AM
Dow Jones News
By Sarah Kent
LONDON--Argentine state oil company, YPF SA (YPF), is in
advanced discussions with potential partners on the development of
its shale assets, the company's chief executive said Friday.
YPF could complete a deal with Bridas Holding before the end of
the year, while an agreement with U.S. oil major Chevron Corp.
(CVX) will likely close in the first quarter of 2013, said Miguel
Galuccio while speaking at a seminar in London.
Chevron signed a memorandum of understanding with YPF in
September to explore for unconventional energy in Argentina.
Write to Sarah Kent at sarah.kent@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Chevron (NYSE:CVX)
Historical Stock Chart
From Feb 2024 to Mar 2024
Chevron (NYSE:CVX)
Historical Stock Chart
From Mar 2023 to Mar 2024