08 November 2011

ARGENTINA: Repsol Reveals Huge Shale Oil Find In Patagonia.


        Repsol YPF announced its biggest Argentine oil discovery yet...an est. 927 mn bbls...in Patagonia's Neuquén province.
      An analyst said : "This would be about two years worth of reserves. This is very good, but it doesn't resolve the country's energy problems."
      A USA Department of Energy report claims that Argentina also holds more shale rock natural gas than all of Europe ...774-trillion-cubic-feet.