On 1 July 2018, the government of La Pampa Province will have provincial company Pampetrol will take over the Medanito Sur block from its current operating group headed by Tecpetrol. After the transfer, the government will reportedly set up a data room before putting out the block for offer after the transfer.    The Medanito Sur covers 106 sq km of land in the Northeast Platform area of Neuquen Basin.    Tecpetrol has been the operator of the block after it completed the purchase of Americas Petrogas subsidiary, Americas Petrogas Argentina, in August 2015. The company holds 60%, with partner Raiser 20% and state company Integracion Energetica Argentina SA (previously known as ENARSA) with the remaining 20%.    Background Information    The Medanito Sur block was producing at approximately 442 bo/d and 230 Mscfg/d at the end of April 2018, with El Jabali as the largest field in the block. The field was discovered in 2008 and put on stream in 2010 before it was put on recovery in 2013 and 2014. It has produced a total of 1.8 MMbo and 2.8 Bscfg from the Tordillo Formation.
On 1 July 2018, the government of La Pampa Province will have provincial company Pampetrol will take over the Medanito Sur block from its current operating group headed by Tecpetrol.