0001554855-26-000932
SEC filingYPF closed the acquisition of stakes in Bandurria Sur, Bajo del Toro, and Bajo del Toro Norte from Vista Energy, increasing its working interests in these Vaca Muerta blocks.
YPF Sociedad Anónima closed a strategic acquisition from Vista Energy, increasing its working interests in three key Vaca Muerta blocks: Bandurria Sur, Bajo del Toro, and Bajo del Toro Norte. The transaction, previously announced on February 2, 2026, involved a total price of approximately US$163 million, plus a closing price adjustment and contingent consideration totaling about US$41 million. This acquisition strengthens YPF's position in Argentina's premier shale play, Vaca Muerta, where it already operates all three blocks. Bandurria Sur, a 35-year CENCH concession covering 56.2 thousand acres, produced 82.3 thousand barrels of oil equivalent per day (100% shale oil) in Q1 2026. Bajo del Toro Norte, also a 35-year CENCH concession covering 28.1 thousand acres, produced 5.4 thousand boe/d in Q1 2026. Bajo del Toro is an exploration permit covering 10.6 thousand acres. By increasing its stakes, YPF gains greater operational control and upside from these high-productivity assets, aligning with its strategy to boost shale oil production and reserves.