YPF (YPF -3.9%) signs an anticipated partnership deal with Chevron (CVX +0.5%) that aims to pave...

|About: YPF Sociedad Anonima (YPF)|By:, SA News Editor

YPF (YPF -3.9%) signs an anticipated partnership deal with Chevron (CVX +0.5%) that aims to pave the way for investment in Argentina's shale resources. The initial deal envisions drilling 100 non-conventional oil wells at a cost of $1B; details of a permanent deal will be negotiated during the next few months.