DivestmentAug 6, 2026, 06:10 AM
YPF Divests Chachahuén Cluster for US$200M
AI Summary
YPF Sociedad Anónima has entered into an agreement to assign its interest in the Chachahuén cluster in the Province of Mendoza for US$200 million. The transaction, effective June 1, 2026, includes conventional blocks, pipelines, and materials, and is subject to customary conditions. This divestment is a key part of YPF's 4x4 Plan, aimed at optimizing its conventional Upstream portfolio and focusing on unconventional fields to maximize shareholder value.
Key Highlights
- YPF divested its interest in the Chachahuén cluster for US$200 million.
- The transaction includes pipelines and existing stock of materials.
- The effective date of the transaction is June 1, 2026.
- The Chachahuén cluster includes 70% of Chachahuén Sur and Cerro Morado Este concessions.
- It also includes 100% of Puesto Hernández and Chihuido de la Sierra Negra concessions.
- Q2 2026 production attributable to YPF's interest was 10 thousand bbl/day of oil.
- Q2 2026 production was also 0.03 million m³/day of natural gas.
- The divestment aligns with YPF's 4x4 Plan to optimize its conventional Upstream portfolio.
Price Impact
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