Vista announces acquisition of Petronas Argentina
Vista Energy acquired 100% of the capital stock of Petronas E&P Argentina, which holds a 50% working interest in the La Amarga Chica unconventional concession (LACh), located in Vaca Muerta, Argentina. The remaining 50% of LACh is held by YPF, the operator of the concession.
LACh spans across 46,594 acres in the black oil window of Vaca Muerta. As of 31 December 2024, it had 247 wells on production. In addition, as of 31 December 2023, LACh had 280 million barrels of oil equivalent of P1 reserves according to the Argentine Secretary of Energy (at 100% working interest).
During the fourth quarter of 2024, LACh produced 79,543 barrels of oil equivalent per day at 100% working interest, of which 71,471 barrels per day were oil, according to the Argentine Secretary of Energy. Vista estimates LACh could potentially hold 400 new well locations to be drilled in its inventory (at 100% working interest).
