YPF has reached an agreement with Total Austral to acquire 100% of the shares of Vaca Muerta Inversiones S.A.U., a company that holds a 45% stake in the unconventional blocks La Escalonada and Rincón de La Ceniza, located in the heart of Vaca Muerta, in the province of Neuquén. The remaining stake is split between Shell Argentina (45%) and Gas y Petróleo del Neuquén (G&P, 10%).
The total amount of the transaction is USD 500 million, subject to adjustments based on the company's cash flows between January 2025 and the closing date. The agreement was signed on August 6, 2025 and is subject to the fulfillment of certain precedent conditions.
Key assets with concessions until 2051
The acquired blocks have valid unconventional exploitation concessions until 2051, consolidating them as key assets for the company's long-term strategy.
