Vista Energy SAB is gearing up for expansion in Argentina’s Vaca Muerta formation with potential asset acquisitions financed through equity issuance. A shareholder meeting on January 27 will discuss approval for acquisitions and funding options, following their recent acquisition of shale acreage from Petronas.
Under President Milei, deal activity in Vaca Muerta has accelerated, with Vista looking to capitalize on regulatory reforms for growth. CEO Galuccio emphasized the importance of scale and regulatory reform for unlocking further growth, while also highlighting discussions with the government on reducing export taxes and labor law reforms.
Vista holds a stake in Argentina’s VMOS shale oil export project, with plans for a five-year growth strategy targeting over 200,000 barrels of oil equivalent per day by 2030. The reform momentum in Argentina has sparked interest in capital markets, with companies eyeing U.S. listings. Vista, with a Buy rating from Goldman Sachs, could benefit from this trend.
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Read more at Yahoo Finance: Vista Energy Moves to Scale Up Vaca Muerta Footprint
