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Summary of Approach: |
Maximize cash flow and reserves from relatively mature properties. Existing crude oil and natural gas production is from the Puesto Morales Norte Field. |
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Government/Industry Relations: |
Price controls currently in place by Argentinean government limit exploration and reserve and production growth in the country. |
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Petrolifera Properties: |
Refer to Forward Looking Information disclaimer. |
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Geological Basins where active: |
Neuquén Basin |
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Petrolifera Acreage: |
289,727 net acres of rights |
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Number of wells drilled by Petrolifera: |
50+ wells through 2009 |
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Year Activities Began: |
2004 |
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Official Language: |
Spanish |
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Population: |
40,134,425 |
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Government: |
Federal Presidential Republic |
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Country Capital: |
Buenos Aires |
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Flag: |
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