Welcome to our dedicated page for VISTA news (Ticker: VISTA), a resource for investors and traders seeking the latest updates and insights on VISTA stock.
Vista (VISTA) is associated with Vista Energy, S.A.B. de C.V., which describes itself as an oil and gas company fully focused on the Vaca Muerta play in the Neuquina Basin in Argentina. News related to Vista often centers on developments in this unconventional hydrocarbons region, including corporate transactions, production updates and information the company provides about its position in the Argentine oil market.
One notable example is Vista’s announcement that its subsidiary Vista Energy Argentina S.A.U acquired 100% of the capital stock of Petronas E&P Argentina S.A. (PEPASA). PEPASA holds a 50% working interest in the La Amarga Chica unconventional concession in Vaca Muerta, with the remaining 50% held by YPF S.A., the operator. This type of news highlights Vista’s efforts to consolidate additional oil and gas production and expand its inventory of ready-to-drill locations in the core of Vaca Muerta.
Company communications also describe La Amarga Chica as a concession in the black oil window of Vaca Muerta with existing wells on production, proved reserves and identified future drilling locations. Vista links this asset to secured transportation and export dispatch capacity in key oil midstream infrastructure. News items may therefore include details on production volumes, reserves, midstream capacity and pro forma financial information that the company releases in connection with such transactions.
For readers following VISTA-related news, this page provides access to announcements and updates issued by Vista and its affiliates regarding Vaca Muerta-focused operations, acquisitions such as PEPASA, and the company’s stated role in Argentine oil production. Investors and observers can use this coverage to monitor how Vista presents its growth, asset base and strategic focus within the Neuquina Basin.
Vista Energy (NYSE: VIST) has announced the acquisition of Petronas E&P Argentina (PEPASA), securing a 50% working interest in the La Amarga Chica (LACh) unconventional concession in Vaca Muerta, Argentina. The transaction is valued at US$1.2 billion, comprising US$900 million in cash, US$300 million in deferred payments, and 7.3 million ADSs.
LACh spans 46,594 acres and had 247 producing wells as of December 2024, with 280 million barrels of oil equivalent in P1 reserves. The asset produced 79,543 boe/d in Q4 2024, with 71,471 bbl/d being oil. PEPASA generated US$909 million in revenues and US$667 million in Adj. EBITDA in 2024.
The acquisition increases Vista's Q4-24 production by 47% to 125,048 boe/d and adds approximately 200 ready-to-drill well locations. The transaction was partially financed through a US$300 million credit agreement with Banco Santander.