Bloomberg News

Enarsa Denies Bidding Process to Sell Oil Licenses Near Falkland

July 30, 2012

Energia Argentina SA, the state- owned company known as Enarsa, didn’t initiate a bidding process to offer licenses to explore for oil near the Falkland Islands, the Planning Ministry said.

Enarsa is working on a strategic partnership with YPF SA (YPF:US) to obtain cost savings regarding offshore exploration in the continental platform, according to an e-mailed statement today signed by Horacio Mizrahi, a spokesman for the Planning Ministry.

To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at pgonzalez49@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Companies Mentioned

  • YPF
    (YPF SA)
    • $37.97 USD
    • -0.01
    • -0.03%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus