News

26 December 2024

YPF acquires rights over Sierra Chata area in Vaca Muerta

Pérez Alati, Grondona, Benites & Arntsen (“PAGBAM”) advised YPF S.A. (“YPF”) on the acquisition of ExxonMobil's (70%) and Qatar Energy's (30%) rights over the Sierra Chata area, one of the largest natural gas assets in Vaca Muerta, located one hundred and fifty kilometers from the City of Neuquén.

With this strategic initiative, our client YPF continues to pose itself as a key player in the development of the liquefaction and LNG export business within the framework of the Argentina LNG project, sending a clear signal of its strategic commitment to monetize Vaca Muerta’s gas over the coming years.

Legal advisors to ExxonMobil:

ExxonMobil in-house legal team: David Askin and Mariano Vivas de Lorenzi.

Legal advisors to Qatar Energy:

Qatar Energy in-house legal team: Betyna Almeida-Covarrubias.

Legal advisors to YPF:

YPF in-house legal team: Fernando Gómez Zanou, Paola Garbi, Máximo Gómez Berard, Pilar del Salto and Francisco Trigo Humaran.

External legal advisor: Pérez Alati, Grondona, Benites & Arntsen - Partners Francisco J. Romano, Tomás Pérez Alati and Facundo Fernández Santos; counsellors Tomás Fernández Madero and Nicanor Berola.

Practices

Authors

Romano, Francisco

Pérez Alati, Tomás

Fernández Santos, Facundo

Fernández Madero, Tomás

Berola, Nicanor

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