US shale pioneer Harold Hamm is reportedly seeking to expand his footprint in Argentina’s Vaca Muerta oil basin, according to people familiar with the matter cited by Bloomberg and the Financial Post. Both outlets describe Vaca Muerta as a rapidly growing shale play and note that Hamm’s move would represent a further push into the basin’s upstream opportunities. The reports do not specify the size of the planned expansion, the timing, or whether it involves new acreage, additional development projects, or changes to existing operations. They also do not identify the companies or partners that would be involved. The information is presented as preliminary and based on sources familiar with the situation. Overall, the coverage aligns on the central point that Hamm, known for his role in developing US shale, is considering broader involvement in Argentina’s shale patch, with Vaca Muerta highlighted as one of the fastest-growing areas for shale production globally.
Harold Hamm Seeks to Expand Investment in Argentina’s Vaca Muerta Shale
US shale pioneer Harold Hamm is reportedly seeking to expand his footprint in Argentina’s Vaca Muerta oil basin, according to people familiar with the matter cited by Bloomberg and the Financial Post....
- Harold Hamm is seeking to expand his activities in Argentina’s Vaca Muerta oil basin.
- Both reports describe Vaca Muerta as a fast-growing shale formation.
- The information comes from people familiar with the matter cited by the outlets.
- The reports do not provide details on the scope of expansion or specific timing.
- The expansion is related to oil development opportunities in the shale patch.
US shale pioneer Harold Hamm is moving to expand his footprint in Argentina’s Vaca Muerta oil basin, home to the world’s fastest-growing shale boom, according to people familiar with the matter.
4 hours agoUS shale pioneer Harold Hamm is moving to expand his footprint in Argentina’s Vaca Muerta oil basin, home to the world’s fastest-growing shale boom, according to people familiar with the matter.
5 hours ago
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