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August 01, 2015 9:01 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Gas Y Petroleo Del Neuquen SA

Company Overview

Gas Y Petroleo Del Neuquen SA offers oil and gas exploration services. The company is based in Ciudad de Neuquén, Argentina.

C.H. Rodríguez 364

6º Piso

Ciudad de Neuquén,  8300



54 29 9443 2888


54 29 9443 3068

Key Executives for Gas Y Petroleo Del Neuquen SA

Gas Y Petroleo Del Neuquen SA does not have any Key Executives recorded.

Gas Y Petroleo Del Neuquen SA Key Developments

Gas Y Petroleo Mulls IPO

Gas Y Petroleo Del Neuquen SA is planning to launch an initial public offering (IPO) on the Buenos Aires stock exchange in 2014, BNamericas reported. The proceeds will be used for developing the Aguada del Chanar block of the Vaca Muerta shale play.

Gas y Petroleo del Neuquen Signs an Agreement with Wintershall to Explore and Develop the Aguada Federal Hydrocarbon Area in Argentina

Gas y Petroleo del Neuquen (GyP) signed an agreement with German Wintershall to explore and develop the Aguada Federal hydrocarbon area in Argentina. The agreement includes an exploration programme of up to 24 months. Wintershall will provide nearly USD 150 million for the exploration activities, including the drilling of two vertical and four horizontal wells. After that, the companies could develop the area with an investment of USD 3.35 billion. Wintershall will hold 50% in the joint venture and will be the operator in Aguada Federal, located in the central-eastern part of Neuquen province, in Anelo department.

Gas Y Petroleo Del Neuquen SA in Partnership with EOG Resources, Inc. and Schlumberger Limited Plans to Frack its First Well in the Vaca Muerta Shale

Gas Y Petroleo Del Neuquen SA in partnership with EOG Resources and Schlumberger plans to frack its first well in the Vaca Muerta shale play at the Aguada del Chañar field in October 2013. GyP's $5 million vertical well initiative aims to use locally sourced sand as a proppant agent instead of importing sand from Brazil. EOG is reported to have found suitable sand in a local quarry.

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