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Continental buys non-operated shale interests in Argentina’s Vaca Muerta from Pan American Energy.
Continental Resources has agreed to acquire non-operating interests in four Vaca Muerta shale blocks in Argentina from Pan American Energy, expanding its international presence in the country’s prolific Neuquén Basin.
The deal follows a prior agreement to obtain operated interests in another block, reflecting Continental’s strategy to leverage its U.S. shale expertise in high-potential global plays.
As a non-operating partner, Continental will share insights on subsurface analysis, development planning, and operations, while collaborating with Pan American Energy to accelerate project efficiency.
The transaction is subject to closing conditions and supports Continental’s long-term global growth in unconventional resources.
Continental adquiere de Pan American Energy las participaciones no explotadas en el esquisto de Vaca Muerta, en Argentina.