Neuquen Province offers areas with exploration potential

Since last year, the government of the Neuquen Province (Argentina) has offered areas for exploration. Click here to enlarge imageAll areas are in Neuquen Province (Fig. 1). The former YPF SA previously explored all of the areas and relinquished most of them in 1996.1 Private companies later operated some others.The bid system established under the Neuquen Plan is similar to the Exploration Plan implemented by the National Secretary of Energy.1 2At the time of this writing, the following companies are the high bidders for exploration commitments on the blocks offered by the government:Chevron Corp. offered $16 million for the Las Tacanas area.Pioneer Natural Resources Inc. offered $18 mi...

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