Galuccio visited Vaca Muerta with foreign investors

True to his style, YPF's former CEO, Miguel Galuccio, made a telluric landing in the Neutral capital. He landed with three helicopters in the Paseo de la Costa region, where his current company, Vista Oil and Gas, is headquartered.

Galuccio arrived from Mexico, the country of origin of the company, with part of the management and a group of investors who helped finance it.

Sources from the operator confirmed the visit of the employer and badured that it was a visit. Galuccio was with a 12-person delegation made up of front-line managers of the firm and investors.

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Vista was born from a Spac (for Acquisition Company's English abbreviations for specific purposes) funded by the initial public offering of stock market savings. She then acquired the badets of Emtre Lomas with several deposits in the Neuquén basin.

The government of Neuquén recently granted an unconventional concession to two emerging areas of the Bajada Subdivision of Palo. In total, he invested $ 154.7 million.

The oil company said that the tour envisaged a visit of the administrative offices that the company has in front of the river Limay in the pretty Paseo de la Costa. They were also ready for operations in Bajada del Palo, where the company is already drilling the first horizontal wellbore for Vaca Muerta.

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As was known, there was no official contact with the provincial authorities since Governor Omar Gutiérrez spent the day in Buenos Aires for official activities.

Mexican society is planning unconventional progressive development in the region with two pilot projects in which 13 wells will be drilled.

For the first quarter of 2019, the operator intends to connect the production of its first wells to the pipeline system of the basin.