Beccar Varela advises Quintana E&P Argentina on YPF tender process for transfer of mature blocks
PRESS RELEASE
Buenos Aires, August 15, 2024 — Beccar Varela advised Quintana E&P Argentina S.R.L. (“Quintana”) on the tender process launched by YPF S.A. for the transfer of mature blocks, known as the Andes Project. In this process, Quintana was awarded the Estación Fernández Oro cluster, located in the province of Río Negro. The contract for the assignment of hydrocarbon rights was signed on August 14th. The effective transfer of the cluster to Quintana is still subject to the fulfillment of certain conditions. The parties have not disclosed the value of the agreement.
Quintana is a company with extensive experience in the development of oil and gas exploration and production activities, currently focused on the exploitation of conventional reservoirs in the provinces of Santa Cruz, Mendoza, Río Negro, and Neuquén.
Beccar Varela has been advising Quintana since the beginning of its operations in Argentina. On this occasion, the firm’s team was led by partner Pedro Silvestri, along with senior associates María Inés Cappelletti and Juan Pablo Perrino. Quintana´s in-house team was led by Inés Moronta, Legal Director.·