Unofficial Mendoza province reports indicate that YPF decided to pay US$ 7 million for non fulfilled exploration commitments to the government on the San Rafael and Nacunal blocks, Cuyo Basin. These licenses were recently relinquished by YPF and government sources said they will be included as an offering for future Technical Evaluation Agreements (TEA). Companies participating in these deals do not have full rights as operators and can make investments but the areas must be retendered before commercial rights are assigned. They have a first refusal option in this case. These blocks were awarded in 2008 to former Kilmer-Ketsal (Vila-Manzano Group), then Andes and currently Phoenix, and were sold to YPF in 2012.
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