Argentina's state-run YPF BCBA:YPDCB and fellow oil firms Vista BMV:VISTA/A, Shell Argentina LSE:SHEL and Equinor OSL:EQNR have signed a deal with Chile's national oil company ENAP for the export of shale oil from Vaca Muerta, YPF said on Friday.
The deal is valid until June 2033 and includes an initial volume of up to 70,000 barrels per day, the company added in a statement, noting that it could generate revenues of $12 billion for the country over its duration.