
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasOil and gas industry · Gas Production
Continental and Mercuria invest in Argentina's shale oil
Continental Resources and Mercuria Energy Trading are each acquiring a 50% stake in Phoenix Global Resources to jointly develop shale oil production in Argentina. The partners plan to increase investment and output at the Vaca Muerta field, investing over $4 billion in the next five years.
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