YPF (NYSE: YPF) sells Mendoza non-operated fields for US$205M
Rhea-AI Filing Summary
YPF Sociedad Anónima agreed to assign its interests in the Mendoza Non-Operated cluster in the provinces of Mendoza and La Pampa to San Benito Upstream S.A.U. for an agreed price of US$205 million, with an effective date of January 1, 2026, plus applicable VAT and any closing price adjustment.
The cluster includes 30.01% of the CNQ-7 Gobernador Ayala concession and 50% of the CNQ-7A and Jagüel Casa de Piedra concessions, along with related pipelines and existing stock of materials. In the second quarter of 2026, production attributable to YPF’s interest was about 7 thousand bbl/day of oil and 0.04 million m³/day of natural gas.
The assignment is described as part of YPF’s 4x4 Plan to optimize its conventional Upstream portfolio and concentrate activities and investments in unconventional fields, with the stated objective of maximizing value for the company, its shareholders and investors.
Positive
- None.
Negative
- None.
Filing Explained
YPF has entered into the Mendoza Non-Operated cluster assignment, but the transaction remains subject to customary conditions precedent, so completion has not been disclosed. The agreed US$205 million price may increase for applicable VAT and any closing price adjustment.
Key Figures
Key Terms
conventional Upstream portfolio financial
unconventional fields financial
conditions precedent regulatory
Mendoza Non-Operated cluster financial
4x4 Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
