Representatives of global investment funds analyzed key areas in Neuquén and Río Negro, highlighting the growth potential of unconventional training.
International investors recently visited the assets of the companies GeoPark and Phoenix Global Resources in Vaca Muerta, focusing on the Mata Mora Norte, Mata Mora Sur, Confluencia Norte and Confluencia Sur areas, located in the provinces of Neuquén and Río Negro.
The mission was organized by Bradesco BBI, the investment arm of Brazilian giant Bradesco.
The visit, led by analysts Vicente Falanga and Murilo Riccini, gave current and potential investors the opportunity to analyze the scale and growth projection of the unconventional formation in the Neuquén basin.
Read also: Neuquén and YPF promote a specialized institute to train professionals in Vaca Muerta
According to a statement from GeoPark, Vaca Muerta is “the most attractive location for inland hydrocarbon exploration and development today.”
Assets visited include Mata Mora North and South, as well as Confluencia North and South, all owned by GeoPark and Phoenix Global Resources. GeoPark, listed on the New York Stock Exchange since 2014, is the second largest oil producer in Colombia, contributing about 8% of the country’s total production.
The investor mission to Vaca Muerta underlines the strength of the alliance between GeoPark and Phoenix, established last May, and highlights the synergy between the technical and financial teams that have developed several of the most successful hydrocarbon projects in Argentina and Latin America.
The Mata Mora Norte block, in production since 2022, averaged 12,621 gross barrels of oil equivalent per day (boepd) in the third quarter of this year and reached a record of 15,418 gross boepd during August, confirming the extraordinary potential of this asset located in the Vaca Muerta oil window.
