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YPF is in talks to form a partnership with Norway's Statoil (STO) to develop YPF's shale...

YPF is in talks to form a partnership with Norway's Statoil (STO) to develop YPF's shale reserves, FT reports. YPF plans to invest more than $30B in the next five years to develop Argentina's huge shale oil and gas reserves, third largest in the world after the U.S. and China. YPF is already close to to signing deals with Chevron and Bridas Corp.
Comments (3)
  • Veritas1010
    , contributor
    Comments (1355) | Send Message
     
    STO ought to run away, not merely walk! These Peronista crooks can't be trusted. Period.
    10 Dec 2012, 08:55 PM Reply Like
  • Urbannek
    , contributor
    Comments (618) | Send Message
     
    Maybe the president of Argentina who is doing all this will get cancer like her buddy Hugo Chavez and be replaced by a capitalist. We can hope. I am long YPF. Bought when it was still a good stock.
    10 Dec 2012, 10:22 PM Reply Like
  • levd27
    , contributor
    Comment (1) | Send Message
     
    These Peronista would like help their people . Thus you do not like them. Best wishes to you from Hitler!
    12 Dec 2012, 02:19 PM Reply Like
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