Yacimientos Petroliferos Fiscales (YPF) SA, Argentina’s newly state-owned energy company, announced Friday that it had signed a two-year, $1.5 billion agreement with Bridas Corp. to explore and drill for oil in two of the country’s shale plays.
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Chesapeake Takes Partner in Utica Play
Two transactions to monetize a portion of Chesapeake Energy Corp.’s 1.5 million net acres in the Utica Shale of Ohio are expected to give the independent about $3.4 billion in proceeds, CEO Aubrey McClendon said late Thursday.
November 4, 2011