One-Page Deal Sheet
YPF and Bridas Corp To Jointly Develop Argentina Shale
Bridas Corp. YPF
Announced Date
December 29,2012
Close Date
December 29,2012
Transaction Type
Farm-In/Farm Out
Enterprise Value (EV)($MM)
1500
Location
Calculated Metrics( EV/Category)
Region
Latin America
Country
Argentina
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
YPF S.A. has entered into a preliminary agreement with Bridas International to develop the unconventional potential of the Vaca Muerta formation in the Bandurria and Bajada de Añelo blocks.
YPF will transfer 50% of its net interest in these areas to Bridas.
The initial investment committed is US$1.5bn and YPF will initially transfer to Bridas 184 sq kms. Bridas will also finance a further US$500 million to be invested in subsequent development programmes. Andes Energia says this agreement confirms the interest the market has for the unconventional potential of the Neuquen basin and the board…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Oct-01-2020 |
-  |
- |
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| Mar-02-2017 |
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| Dec-07-2016 |
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| Mar-18-2016 |
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| Jun-17-2015 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jan-31-2020 | Shell, Equinor Acquire Stake in YPF-Operated Vaca Muerta Asset; $355MM | - |
- |
| Jul-16-2013 | Chevron Enters Development of Vaca Muerta | - |
- |
| Dec-19-2012 | YPF, Chevron To Jointly Develop Vaca Muerta Shale | - |
- |