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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Comment by westcoast1000on Dec 18, 2014 3:24pm
101 Views
Post# 23245798

RE:RE:RE:RE:RE:Offshore gas production to be boosted

RE:RE:RE:RE:RE:Offshore gas production to be boostedGroundpounder,

I think the answer to your question depends on whether the plant they mentioned that would be upgraded is the exisiting RPT plant. If yes, then it would seem RPT is a partner in the venture, and possibly could manage or participate in the new plant. 

This concept was alluded to in the annual meeting in August when they mentioned the prospect of becoming a midstream processing company, while implying someone else would pay for the capital costs.

Moreover, our  exploration leases in Magallenes would fit into the YPF holdings there.

WC


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