Exxon Joins Chevron in Weighing Argentina Shale Deals, YPF Says
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Exxon Mobil Corp. and Apache Corp. will hold talks with YPF SA next month as the Argentine company nationalized in April seeks partners to step up shale oil development, said a YPF official briefed on the matter.
YPF Chief Executive Officer Miguel Galuccio will meet with Exxon and Apache executives during a conference in Houston on Sept. 18-21, said the official, who asked not to be named, citing company policy. Exxon, which is already exploring for unconventional oil and natural gas with YPF in Argentina, doesn’t comment on private meetings, said Patrick McGinn, an Exxon spokesman. John Roper, an Apache spokesman, declined to comment.