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Chevron Corp Agrees Terms With YPF SA On Shale Investment-Reuters

Wednesday, 15 May 2013 04:14pm EDT 

Reuters reported that on May 15, 2013 YPF SA signed an agreement with Chevron Corp to define the terms and conditions of Chevron Corp's investment of up to USD 1.5 billion in Argentina's Vaca Muerta shale field. The joint pilot project will include the drilling of more than 100 non-conventional wells over the next 12 months. The two companies signed a letter of intent to partner on investments in December 2012. 

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17 Sep 2014