DivestmentMay 22, 2026, 06:07 AM
YPF Closes Divestment of Manantiales Behr Conventional Area
AI Summary
YPF Sociedad Anónima announced the closing of the assignment of its Manantiales Behr conventional area in the Province of Chubut. The transaction involved the transfer of 100% of the conventional exploitation concession, the associated hydrocarbon transportation concession, and the sale of inventory to Pecom Servicios Energía S.A.U. (51%) and San Benito Upstream S.A.U. (49%). This divestment aligns with YPF's 4x4 Plan to optimize its Upstream portfolio, focusing on unconventional fields to maximize shareholder value.
Key Highlights
- YPF S.A. completed the assignment of 100% of the conventional exploitation concession over the Manantiales Behr area.
- The transaction also included the associated hydrocarbon transportation concession.
- YPF sold the inventory of materials at the Manantiales Behr and Km 20 warehouses.
- The assignees are Pecom Servicios Energía S.A.U. (51%) and San Benito Upstream S.A.U. (49%).
- All conditions precedent and suspensive conditions, including governmental authorizations, have been fulfilled.
- The divestment is part of YPF's 4x4 Plan to optimize its Upstream portfolio.
- The strategy focuses on unconventional fields to maximize value for the company and its shareholders.
Price Impact
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