According to reports in mid-January 2018, Pampa Energia has agreed to sell its ownership of Petrolera Entre Lomas SA (PELSA) and several other assets to Vista Oil & Gas for USD 360 million. Closing of the transaction is pending on regulatory approvals. PELSA currently holds 73.15% interest and operatorship on four concessions in the Neuquen and Rio Negro provinces, namely the Charco del Palenque and Jarilla Quemada blocks (both areas formerly part of the Agua Amarga concession), along with Bajada del Palo and Entre Lomas. As part of the transaction, Pampa Energia also sold 3.85% of additional interest that the company held directly on said assets. Pampa Energia is the majority owner of PELSA with 58.88%, with partner Pluspetrol as the next largest shareholder with 40.7% interest. In addition, Pluspetrol is also a direct partner in said blocks with 23% interest. Outside of the PELSA-operated blocks, the transaction was said to include the sale of the companyâs 100% interest and operatorship of the 25 de Mayo-Medanito SE and Jaguel de los Machos blocks in Rio Negro Province as well. 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. Meanwhile, the 25 de Mayo-Medanito SE (125 sq km) and Jaguel de los Machos (112 sq km) blocks are located in the Northeast Platform part of Neuquen Basin.
Argentina (Neuquen B.) (It's a petroleum rights. Please summarize by yourself). In IHS database: Jaguel de los Machos op. by PETROQUIM (80.0%, PAMPETROL 20.0%) to be check.Bajada del Palo (CNQ-11 M) op. by PEL SA (43.3544330637%, PLUSPET RS 31.2872650688%, PAMPA EN 25.3583018675%) to be check.Jarilla Quemada op. by PEL SA (43.3544330637%, PLUSPET RS 31.2872650688%, PAMPA EN 25.3583018675%) to be check.Entre Lomas op. by PEL SA (43.3544330637%, PLUSPET RS 31.2872650688%, PAMPA EN 25.3583018675%) to be check.