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Argentina creates a fund of up to $2B to help develop the country's 7.4M-acre Vaca Muerta shale...

Argentina creates a fund of up to $2B to help develop the country's 7.4M-acre Vaca Muerta shale field, which may hold one of the world's biggest unconventional energy resources. State-controlled YPF, as well as Apache (APA), Exxon Mobil (XOM) and Canada's Americas Petrogas hold exploration rights on nearly 80% of the site.
Comments (2)
  • Peak Oil?

     

    In the immortal words of Nelson: "Hah hah!"

     

    Another Malthusian myth put to rest.
    19 Apr 2013, 03:33 PM Reply Like
  • Of course, Argentina's government and finances are a mess at present. Who would want to invest any company dollars there when you are not sure the gov't won't just take it from you to pay their international debt.
    19 Apr 2013, 05:36 PM Reply Like
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