YPF Agrees to Buy Total’s Shale Assets in Argentina for $500M

YPF has agreed to buy 100% of Total’s stake in Vaca Muerta Inversiones, according to a regulatory filing from YPF.

• Total transaction amount is $500 million, subject to adjustments at closing based on the company’s cash flows between January 2025 and the closing date
• If precedent conditions are fulfilled, Vaca Muerta Inversiones will hold a 45% interest in the joint venture corresponding to the La Escalonada and Rincón La Ceniza blocks in the Argentinean province of Neuquén
• NOTE: YPF Said to Be Close to Buying Total’s Argentina Shale Assets

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