According to reports in early-April 2018, Vista Oil & Gas has completed the acquisition of several assets from Pampa Energia and Pluspetrol following separate agreements that were signed with each company in January and February 2018, respectively.   From Pampa Energia and Pluspetrol, Vista purchased both companiesâ interest in Petrolera Entre Lomas SA (PELSA), effectively giving it 100% stake and operatorship in Charco del Palenque (184 sq km), Jarilla Quemada (194 sq km), Bajada del Palo (452 sq km), and Entre Lomas (733 sq km) production concessions located on the Neuquen Embayment part of Neuquen Basin. It was noted that Vista acquired Pluspetrolâs equity in PELSA through the purchase of the latterâs Apco Oil & Gas International. Apco Austral, a wholly-owned subsidiary of Apco International for assets located in the Austral Basin, was excluded from the transaction as it was already in the process of being acquired by a different company at the time Vistaâs agreement with Pluspetrol was executed.  Outside of the previously mentioned assets linked to PELSA, Vista also acquired Pampa Energiaâs 100% interest in the producing blocks of 25 de Mayo-Medanito SE (125 sq km) and Jaguel de los Machos (112 sq km) blocks in the Northeast Platform part of Neuquen Basin.  Meanwhile in a separate agreement with Pluspetrol, Vista purchased several assets that were controlled by Pluspetrolâs subsidiary, Pluspetrol Black River, including 55% interest and operatorship on Coiron Amargo Norte (115 sq km) and a non-operated 45% interest in the Coiron Amargo Sur Oeste (64 sq km) in Neuquen Basin. In addition, Vista also acquired non-operated interest in Sur Rio Deseado Este block in San Jorge Basin, specifically 16.94% in the production side (50 sq km) and reportedly 44% on the exploration side (256 sq km), as well as 1.5% non-operated interest in the Acambuco block (1,189 sq km) in Noroeste Basin.  Following the acquisition, the company reportedly became the fifth largest oil producer and operator in Argentina based on data from the Argentinean Ministry of Energy and Mining.  Background Information  Vista Oil & Gas is an energy company that was incorporated in early-2017 based in Mexico, and is headed by former CEO of Argentinian state company YPF, Miguel Galuccio.
Argentina, Jarilla Quemada