Wednesday
November 26, 2014
Wednesday, May 21, 2014

YPF confirms discovery of Chubut oil, gas deposits

The finding assures the presence of 39° API type oil, as well as gas reserves, which are of a superior quality in comparison with the hydrocarbons found at Cuenca del Golfo San Jorge. (TÉLAM)

YPF oil company head, Miguel Galuccio, revealed today the finding of unconventional deposits of hydrocarbons in Chubut province, during a meeting with local governor Martín Buzzi.

The two explained the advances following the first explorative drilling at the site D-129, inside the region of “El Trebol”.

The finding assures the presence of 39° API type oil, as well as gas reserves, which are of a superior quality in comparison with the hydrocarbons found at Cuenca del Golfo San Jorge, the countries biggest productive basin, which crosses the provinces of Chubut and Santa Cruz.

“It is a fantastic discovery which not only amplifies the province’s horizon, but it also increases the country’s potential and hopes of energy self-sufficiency," Buzzi affirmed in the presentation

Meanwhile, Galuccio emphasized the role of the state-run company in the find, and remarked “YPF has been a great discoverer in Argentina, and today, as we have insisted on keeping that profile, we drilled the well.”

  • CommentComment
  • Increase font size Decrease font sizeSize
  • Email article
    email
  • Print
    Print
  • Share
    1. Vote
    2. Not interesting Little interesting Interesting Very interesting Indispensable
Tags:  Argentina  YPF  Galuccio  Chubut  Oil  





22
  • Comment
  • Increase font size Decrease font size
  • mail
  • Print

COMMENTS >

Comment




Grupo ámbito ámbito financiero ambito.com Docsalud AlRugby.com Premium El Ciudadano El Tribuno Management

Director: Orlando Mario Vignatti - Edition No. 4322 - This publication is a property of NEFIR S.A. -RNPI Nº 5177376 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA