Tuesday, May 10, 2011

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YPF oil found in Neuquén


Sebastián Eskenazi, CEO de YPF, junto al ministro de Planificación, Julio De Vido en el anuncio del descubrimiento del yacimiento en Neuquén.


YPF announced a discovery of oil which accounts for 35% of reservations. The discovery in the town of Loma la Lata in Neuquen (taking Vaca Muerta), equivalent 150 million barrels of oil and is distributed in an area of \u200b\u200b40 thousand square kilometers.


Planning Minister Julio De Vido said the discovery is equivalent to 8% of total reserves in Argentina. In addition, the company said a study by the United States shows that in the Neuquen basin there are 700 gas TFS. "We encontradoel pillar for the coming decades said Sebastián Eskenazi, CEO of the oil. The company said it is the most important discovery made in the last twenty years.
President Cristina
Kirchner attended the Anuncioo by teleconference from the Hall of the Argentine Women in Government House, which was also attended by Governor Daniel Scioli and President of the UIA , Ignacio de Mendiguren . "An announcement will more than important to continue to underpin the development of Argentines," the president said, adding: "means an increase of 28% of YPF's reserves and 6% of total reserves of crude Argentina. "



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