Repsol shares soar on big Argentina shale oil find

E-mail Print PDF
User Rating: / 0
PoorBest 

 

articlenopic By Stltoday.com

Shares in Spain's Repsol energy company are soaring after the company announced it has made a major new shale oil find in Argentina that boosts by a third its total amount of recoverable oil.

Repsol YPF SA's shares were up 5.4 percent in midday trading Tuesday in Madrid.

The company said the discovery includes 927 million barrels of recoverable resources, 741 million of which is oil.

Argentine President Cristina Fernandez in May announced a huge shale oil deposit in... Read Full Article


 

Add comment

If you want to post a comment without delay and the captcha (puzzle code), then please register using the top right menu.


Security code
Refresh