Overview
- Pan American Energy will remain the majority partner and operator, while Continental joins as a non‑operating technical and capital partner.
- The 20% stake covers Coirón Amargo Sureste, Bandurria Centro and Aguada Cánepa in Neuquén, plus Loma Guadalosa in Río Negro, which recently became the province’s first unconventional exploitation concession.
- Provincial transfer approvals are required for the transaction to close, as per company statements.
- Harold Hamm said Continental intends to invest roughly $100–200 million per year in Vaca Muerta assets.
- The alliance follows Continental’s November deal to buy 90% of the Los Toldos II Oeste block, extending its expansion in Argentina.