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YPF (NYSE: YPF) completes Manantiales Behr area transfer in 4x4 Plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

YPF Sociedad Anónima reports that it has closed the assignment of 100% of the conventional exploitation concession over the Manantiales Behr area and the associated hydrocarbon transportation concession. The assets were assigned to Pecom Servicios Energía S.A.U. (51%) and San Benito Upstream S.A.U. (49%).

All conditions precedent and suspensive conditions, including required governmental authorizations, have been fulfilled, so the assignment in favor of the assignees is now perfected. The transaction forms part of YPF’s 4x4 Plan to optimize its Upstream portfolio and focus activities and investments on unconventional fields to maximize value for the company, its shareholders, and investors.

Positive

  • None.

Negative

  • None.
Concession assigned 100% of conventional exploitation concession Manantiales Behr area assignment to assignees
Pecom interest 51% Participation of Pecom Servicios Energía S.A.U. as assignee
San Benito interest 49% Participation of San Benito Upstream S.A.U. as assignee
Transaction closing date May 21, 2026 Date on which the transaction closing took place
conventional exploitation concession financial
"assignment of 100% of the conventional exploitation concession over the Manantiales Behr area"
hydrocarbon transportation concession financial
"and the associated hydrocarbon transportation concession, as well as the sale of the inventory"
conditions precedent and suspensive conditions regulatory
"all conditions precedent and suspensive conditions stipulated by the parties have been fulfilled"
Upstream portfolio financial
"includes the optimization of the Upstream portfolio, one of the levers upon which YPF’s strategy is based"
4x4 Plan financial
"The transaction is part of the Company’s 4x4 Plan, which includes the optimization of the Upstream portfolio"
material event regulatory
"Ref.: Material Event – Portfolio Optimization Strategy: Assignment of Manantiales Behr Conventional Area"

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

 

 

 

 

FORM 6-K 

 

 

 

 

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-12102 

 

 

 

 

 

 

 

YPF Sociedad Anónima

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

 

Macacha Güemes 515

C1106BKK Buenos Aires, Argentina

(Address of principal executive office)

 

 

 

 

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: 

Form 20-F Form 40-F  

 

 

 


 

YPF Sociedad Anónima

TABLE OF CONTENT

 

ITEM 1      Translation of letter to the Argentine Securities Commission (Comisión Nacional de Valores) dated May 21, 2026.

 

 


 

Graphics

Buenos Aires, May 21, 2026

 

COMISIÓN NACIONAL DE VALORES (“CNV”)

25 de Mayo 175

Buenos Aires

 

BOLSAS Y MERCADOS ARGENTINOS S.A. (“ByMA”)

Sarmiento 299

Buenos Aires

 

A3 Mercados S.A. (“A3 MERCADOS”)

Maipú 1210

Buenos Aires

 

 

 

 

Ref.: Material Event – Portfolio Optimization Strategy: Assignment of Manantiales Behr Conventional Area – Province of Chubut - Transaction Closing

 

Ladies and Gentlemen,

 

We are writing to you in order to comply with the CNV Rules and the corresponding regulations of ByMA and A3 Mercados and in connection with our material event reported on February 18, 2026.

In this regard, we hereby inform you that as of today, May 21, the closing of the above-referenced transaction has taken place. To that end, agreements were entered into between YPF S.A. (“YPF” or the “Company”), Pecom Servicios Energía S.A.U. (51%) and San Benito Upstream S.A.U. (49%) (jointly, the “Assignees”) for the assignment of 100% of the conventional exploitation concession over the Manantiales Behr area and the associated hydrocarbon transportation concession, as well as the sale of the inventory of materials at the Manantiales Behr and Km 20 warehouses.

Additionally, we inform you that all conditions precedent and suspensive conditions stipulated by the parties have been fulfilled, including the obtaining of the corresponding governmental authorizations, thereby perfecting the aforementioned assignment in favor of the Assignees.

The transaction is part of the Company’s 4x4 Plan, which includes the optimization of the Upstream portfolio, one of the levers upon which YPF’s strategy is based, with a focus on activities and investments in unconventional fields, with the ultimate objective of maximizing value for the Company, its shareholders, and investors.

Sincerely,

Margarita Chun

Market Relations Officer

YPF S.A.

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

YPF Sociedad Anónima

 

 

 

 

 

Date: May 21, 2026

By:

 

/s/ Margarita Chun

 

 

Name:

 

Margarita Chun

 

 

Title:

 

Market Relations Officer

 

FAQ

What material event did YPF (YPF) report in this 6-K filing?

YPF reported the closing of a transaction assigning 100% of the Manantiales Behr conventional exploitation concession and associated hydrocarbon transportation concession to two assignees. This marks completion of a previously announced portfolio optimization step within its strategic 4x4 Plan.

Which assets are included in YPF (YPF)’s Manantiales Behr transaction?

The transaction covers 100% of the conventional exploitation concession over the Manantiales Behr area, the associated hydrocarbon transportation concession, and the sale of inventory of materials at the Manantiales Behr and Km 20 warehouses. These assets are transferred to the assignees named in the letter.

Who are the assignees in YPF (YPF)’s Manantiales Behr concession assignment?

The assignees are Pecom Servicios Energía S.A.U., holding 51%, and San Benito Upstream S.A.U., holding 49%. Together they receive the Manantiales Behr conventional exploitation concession, related hydrocarbon transportation concession, and certain inventory located at Manantiales Behr and Km 20 warehouses.

When did the closing of YPF (YPF)’s Manantiales Behr transaction occur?

YPF states that the closing of the Manantiales Behr transaction took place on May 21, 2026. On that date, the parties executed the necessary agreements and all conditions precedent and suspensive conditions, including governmental approvals, were fulfilled, perfecting the assignment to the assignees.

How does the Manantiales Behr assignment support YPF (YPF)’s 4x4 Plan?

The assignment forms part of YPF’s 4x4 Plan, which includes optimizing its Upstream portfolio. The company highlights a strategic focus on activities and investments in unconventional fields, aiming to maximize value for YPF, its shareholders, and investors through this portfolio rebalancing.

What regulatory conditions were satisfied for YPF (YPF)’s Manantiales Behr deal?

YPF notes that all conditions precedent and suspensive conditions agreed by the parties were satisfied, including obtaining the corresponding governmental authorizations. With these requirements fulfilled, the assignment of the Manantiales Behr concessions to the assignees became fully effective and perfected.