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IS - Conoco joins Wintershall Dea in Argentina’s Vaca Muerta - August 2019

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Wintershall DEA and ConocoPhillips agreed to jointly develop the Aguada Federal and Bandurria Norte blocks targeting the Vaca Muerta shale in Argentina’s Neuquén province. As part of the deal, Conoco will acquire 45% WI in Aguada Federal and 50% in Bandurria Norte, with Wintershall Dea retaining operatorship in both with 45% WI in Aguada Federal and 50% in Bandurria Norte. Local player Gas y Petroleo del Nequén will hold 10% WI in Aguada Federal.......
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