ONLY OIL SHARE FOR 201615 Jan 2016 18:10
Todays Investors Chronicle "The group is more or less guaranteed to be able to sell its oil for $67.50 domestically thanks to newly installed minister of energy Juan Jose Aranguren......The move comes shortly after the pro-business Mauricio Macri was elected president...... Cuts to import taxes and permissions should make the cost of drilling at Vaca Muerta mirror US shale wells Eagle Ford and Barnett in Texas too. Given the Government support, we're placing Andes on the watch list as one of the few oil companies that could re-rate this year"