David Mottura

David Mottura

Harold Hamm, fundador de Continental Resources.
Non-Conventional Hydrocarbon Exploitation Concession

Río Negro Formalizes Continental Resources Entry Into PAE-Operated Loma Guadalosa Block

Decree 447/26 authorizes Pan American Energy to transfer 13% of its working interest to Continental Resources Argentina S.A.U. The final structure leaves PAE with 52% as operator, Continental with 13%, and Tango Energy with 35%. It is the first formal closing of the January framework, ahead of pending approvals on three Neuquén blocks.

Santa Cruz Ties Royalty Cuts to Investment Pledge
Upstream / Fiscal Policy

Santa Cruz Ties Royalty Cuts to Investment Pledge

Governor Claudio Vidal presented the program to representatives of all operators active in the province. Royalties on new unconventional and offshore production would fall to 5% over a 10-year term

“We saw a clear opportunity in a market where demand is growing and supply is almost entirely concentrated in Neuquén,” said Diego Trabucco.
Shift in plans

Nova Energy adds 24 rigs in DLS Archer deal, eyes growth strategy

The company, created by Aconcagua Energía together with Patagonian partners, is betting on the San Jorge Gulf Basin as a growth platform and is preparing to enter the unconventional segment. The strategic deal adds a significant portfolio of 24 rigs, including drilling, workover, pulling and specialized service units.