I was at the presentation last week, though i am not invested here i do have the shares on my watch list. Seemed to be a generally positive show - but aren't they all ! Became more interested at the end when presenter said that he expected the number of producing wells next year would increase from 2000 to between 3500 and 4000 ! This one for me is investable for me - IMHO but don't really have any spare funds available. BigC
The federal government and the provinces are still at loggerheads over proposed federal legislation to remove licensing powers from the provinces. There don't seem to be discussions under way between the two parties (Kirchner and the YPF CEO Galuccio on the one hand, and the governors of the oil provinces on the other). I can't find anything more recent than the following on the La Nacion newspaper website (what I've just said is a fair summary of it without going into detail)..... http://www.lanacion.com.ar/1715188-rebelion-de-gobernadores-por-la-reforma-del-sector-petrolero ....
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