ExxonMobil has been cleared by the NeuquÃ©n authorities for a 35-year prod. contract for the Los Toldos I Sur shale gas block, 197 sq km. Some USD 200 MM earmarked on 1 vertical + 6 horiz wells and necessary facilities. If conclusive, some 300 devt wells could follow. ExxonMobil (op) 80%, partners Tecpetrol 10%, GyP NeuquÃ©n 10%. 
ExxonMobil (80%, Tecpetrol 10%, GyP NeuquÃ©n 10%) awarded prod. contract for the Los Toldos I Sur shale gas block. 