Skip to content
Subscriber Only

Americas Petrogas Eyes Takeover as Shale Output to Start

Americas Petrogas Inc. said it’s pursuing new partners and may become an acquisition target as the Calgary-based company prepares to start producing oil in Argentina’s Vaca Muerta shale formation. Shares surged.

“We are looking at potential joint ventures with some pretty big companies,” Chief Executive Officer Barclay Hambrook said in an interview yesterday, without identifying them.