"If Cristina Kirchner wins, she will do what is necessary to continue what we have done to Dead Cow and accelerate it" | Chronic

As part of a special show made by the Bloomberg TV channel on the region's energy potential, Vista's president and CEO, Miguel Galuccio, I consider that "Yes Cristina Kirchner is elected vice-president. With Vaca Muerta, we will do what is necessary to continue what we are doing and accelerate it. "

"Yes Macri He is chosen, I think he will do the same. It is very difficult for the Argentineans to agree on something, but over the last six years, representatives, society, unions and companies, we agree that Vaca Muerta represents a huge opportunity for the country. " Remarked Galuccio.

The report was completed in April this year, at the headquarters of Vista in Neuquén and its main badet in Vaca Muerta, Bajada del Palo Oeste, in which the company has already put into production eight unconventional wells whose production levels they have positioned it as the second largest shale oil producer in Vaca Muerta.

Bloomberg TV paid particular attention to Vaca Muerta and, in the case of Vista, was the first public and independent E & P company to reach the region.

"Argentina needs companies like Vista: agile, innovative, enterprising." Our company is the first of its kind in Vaca Muerta. "Bajada del Palo is a block with extraordinary potential." In reality, we can drill 400 well in the region, but we would only need 150 to achieve fantastic growth, which gives an idea of ​​its wealth ", indicated.

Galuccio also noted that Vista had managed to channel many investments from different parts of the world, such as the Middle East, Mexico, institutional investors from the United States, Canada and Europe. Regarding operational performance, he said: "During our second month of operation, the oil started to germinate and the performances of the wells are as excellent as those of the first day.Already in the third month of activity, the performances were extraordinary. We have the same performance, the same IP, less drip, and the production is fantastic ".

Other definitions of Miguel Galuccio on Vaca Muerta and the industry

"Vaca Muerta is the biggest opportunity in Argentina."

"The stakes are huge, it can radically change the economy of the country and people's lives.If we achieve a complete development, I am sure we can double the income generated by other industries. , such as agriculture ".

"It is essential that we start exporting, I think we will probably start exporting light oil from Vaca Muerta, we need to free the market and change our minds because we have more than We need to stimulate the system and the market to position Vaca Muerta on the external market ".

"If independent companies from the United States come to Argentina, I am certain that they will contribute enormously, because we need such companies, we need more investment."