The move endorses the Province & Argentina as a world class hydrocarbon territory and in particular gas in Rio Negro which is attracting significant interest and investment internationally. If these reports are accurate this supports President's drive for gas policy in Rio Negro

Another major moves into #Argentina. It has been reported that Gazprom considering moving into large scale gas production in the Rio Negro Province, Argentina by acquiring a stake in one of the key producing assets there https://t.co/uBHYpknOth #OilAndGas #RioNegro #NatGas

Double the expected number of areas were allocated – bidders found for 18/38 blocks on offer, with triple the amount of expected capital commitments made with companies splashing out nearly $1 billion in high bids

Successful bidders included ExxonMobil, Shell, Total, Wintershall and Equinor - with Mitsui, BP, ENI & Tullow entering Argentina for the first time

Successful first Argentine offshore licensing round confirms #Argentina as a sound investment opportunity. High level of interest & commitment from Majors underling that Argentina is a world class #hydrocarbon province, attracting significant interest / investment internationally

Neuquen Basin cited as 1 of 5 super basins on Vox Markets–less risky revenue generating enterprises attractive for smaller companies–mentions @PresidentPlc as a player in Neuquen. IHS Markit believe super basins still hold potential to produce an additional 5bn barrels #Argentina