Miguel Galuccio: "If Cristina is elected vice president …

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

"If Macri is elected, I think he will do the same. It's very difficult for the Argentineans to agree on something, but over the last six years, officials, society, unions and businesses, we agree that Vaca Muerta represents a huge opportunity for the country, "said Galuccio.

The report was made in April of this year, at Vista's headquarters in Neuquén, and its main badet at Vaca Muerta, Bajada del Palo Oeste, where the company has already put eight unconventional wells into production, making it the second largest oil shale producer from Vaca Muerta.

While the special extended to other parts in some South American countries, Bloomberg TV has put a special emphasis on Vaca Muerta, and in the case of Vista as the first public and independent E & P company to reach the region.

Statements take on another meaning in Vista's conflict with the government
for the freezing of the price of crude oil. In fact, Vista sent the statement bearing this title today. They could have chosen another.

"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. The reality is that we can drill 400 wells in the area, but we only need 150 wells to achieve fantastic growth.. This gives an idea of ​​its wealth, "he said.

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 began to sprout, and the performance of the wells is as excellent as that of day 1. Already in the third month of activity, the performance was extraordinary. Today, we have the same performance, the same IP, less drip pressure and the production is fantastic. "

Other definitions of Miguel Galuccio on Vaca Muerta and the industry:

* "Vaca Muerta is the greatest opportunity of Argentina". "What is at stake is huge. This can dramatically change the country's economy and change people's lives. If we achieve complete development, I am sure that we will be able to double the revenues 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 must free the market and change our state of mind, because today we have more than necessary. 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 tremendously, because we need such companies, we need more investment."