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.
Gas y Petróleo del Neuquén will publish tender documents in May for 15 blocks selected from its reserved-area portfolio, with formal opening set for August 19. A request from Continental Resources at Bank of America's Argentina Week accelerated the original schedule by two years and aligns with the early startup of Oldelval's Duplicar Norte pipeline, which unlocks the northern hub.
In January, he halted drilling in North Dakota for the first time in 30 years. Weeks later, he traveled to New York to deepen his position in Argentina’s Neuquén Basin. “The rock doesn’t know which country it’s in,” said the businessman and adviser to Donald Trump.
